Oil flows through the Strait of Hormuz are recovering despite volatile vessel traffic and fading hopes for a U.S.-Iran diplomatic breakthrough.

Shipping through the Strait of Hormuz remains sharply depressed as Iran and Oman discuss a temporary navigational corridor and mine-clearing plan, while Tehran says a broader…

Seven commodity vessels transited the Strait of Hormuz on Thursday, a decrease from the previous day. This traffic level remains below the recent ten-day average for the vital…