Large volumes of crude oil are waiting in the Persian Gulf and are ready to move through the Strait of Hormuz if shipping activity resumes following an interim US-Iran agreement aimed at restoring transit in the waterway.

Empty tankers enter the Gulf via Hormuz amid US-Iran tensions. Transit of 20 ships by June 30, 2026 at 76.5% YES.

The Strait of Hormuz is back in business after more than 100 days of disruption, with over 60 million barrels of crude set to leave the pipeline. Following a US-Iran peace deal,…

Oil flow through the Strait of Hormuz has surged to its highest point since late February. This follows a new US-Iran agreement entering a 60-day implementation phase. The US Navy…