Why is oil traffic through the Strait of Hormuz increasing — and how might Iran respond?
Source ↗
👁 0
💬 0
Despite Iran’s continued restrictions on traffic through the Strait of Hormuz, oil flows through and around the waterway appear to be gradually increasing. This is one of the most important developments in the energy situation since the war began in February. Before the conflict, around 20 million barrels of crude oil and petroleum products passed through the Strait each day. Kpler data put the February level at roughly 20.6 million barrels per day. After the war began on February 28 and Iran re
Comments (0)