Hormuz Traffic Nears Prewar Levels as Iran War Simmers
4 Articles
4 Articles
Trump is proving that Iran CAN’T control the global oil supply — a win for the world
Oil shipments from the Gulf are now approaching prewar levels, ending the energy blackmail — even as Tehran’s resources dwindle, pushing the regime ever closer to having to abandon its nuclear ambitions.
Hormuz traffic nears prewar levels as Iran war simmers
Commercial traffic through the Strait of Hormuz increased dramatically in September, according to maritime tracking firms on Tuesday, inching closer to prewar levels as some speculate that Iran is losing leverage against the U.S. in the seven-month-long war.
Oil traffic through the Strait of Hormuz has improved significantly and is now at 65 to 70 percent of its pre-war level, according to data from analytics firm Vortexa. The data includes oil and its products, including liquefied petroleum gas (LPG) and derivatives such as gasoline. In terms of crude oil and gas condensate alone, about 80 percent of the volume transported before the war is now passing through the strait. According to Vortexa, an a…
The amount of oil passing through the Strait of Hormuz is increasing and is currently between 65 and 70 percent of pre-war levels, analytical firm Vortexa told the German news agency dpa on Tuesday.
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