Ship traffic in the Strait of Hormuz has surged amid US-Iran ceasefire optimism. Normal traffic by July 15 at 7.5% YES.

Shipping traffic in the Strait of Hormuz rises after the US lifts its blockade. Traffic returns to normal by July 15 at 15.5% YES.

Commercial vessel traffic through the Strait of Hormuz rose more than 50% from the previous week amid ongoing negotiations following a temporary deal between the US and Iran,…