HORMUZ TRAFFIC SURGES AS IRAN TIGHTENS CONTROL
Strait of Hormuz traffic has hit its highest level in weeks, with 21 ships crossing over the weekend as countries strike deals with Iran for safe passage.
Despite the uptick, volumes remain far below pre-war levels. Iran continues to dominate access, granting selective exemptions (e.g., Iraq, India) while charging transit fees and tightening control.
The route remains fragile, with passage dependent on Tehran as geopolitical tensions and risks of escalation persist.
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