An initial wave of ships exiting the Strait of Hormuz after it officially reopened on Thursday seems to have slowed down.

Iran said on Saturday it had shut the Strait of Hormuz again, a move that could disrupt a critical corridor for global crude shipments.

An initial wave of ships exiting the Strait of Hormuz after it officially reopened on Thursday seems to have slowed down.

Millions of barrels of oil continued to flow through the Strait of Hormuz this weekend even after Iran claimed to have closed the waterway again.