Nikkei analysis shows sudden uptick in shipping activity around Kharg Island

Iran boosts crude oil shipments through the Strait of Hormuz to highest levels since conflict. Traffic normalization by June 15 at 0.1% YES, by end of June at 5

Iran moved 6 million barrels of crude through the Strait of Hormuz on Monday, the most in a single day since the war began.

Two crude tankers with just under 2 million barrels of oil sailed through the Strait of Hormuz on Monday, ship tracking data showed, in a sign that traffic

Iran is rushing to evacuate barrels it wasn’t able to push past the U.S. blockade over the past two months.

The jump in oil exports comes as the threat level for ships crossing Hormuz has been downgraded to "moderate."

Nikkei analysis shows sudden uptick in shipping activity around Kharg Island

Iran exported 20 million barrels of crude oil in a single day after a US naval blockade was partially lifted, but global oil prices barely reacted to the

Oil tanker rates have soared since the US and Iran announced the memorandum of understanding as oil importers scramble to charter vessels to pick up Persian Gulf cargoes in the…