Strait of Hormuz traffic saw a dip Friday after a Taiwanese ship was attacked, prompting a pause in evacuation efforts. Despite this, several tankers entered the Gulf to load oil, and two supertankers sought Iranian crude. Crude prices are heading for steep weekly losses amid easing supply concerns, with Saudi Arabia resuming loadings. Overall traffic remains below pre-conflict levels, highlighting ongoing maritime security challenges.

Strait of Hormuz traffic has increased sharply, but remains at roughly half its peacetime level, officials said on Thursday as stranded sailors made their way out of the waterway.…

Traffic resumes through the Strait of Hormuz amid US-Iran tensions. Normal traffic by June priced at 10.6% YES.

Strait of Hormuz traffic saw a dip Friday after a Taiwanese ship was attacked, prompting a pause in evacuation efforts. Despite this, several tankers entered the Gulf to load oil,…