Oil exports via Strait of Hormuz reach peak since Iran conflict
Data shows that oil shipments passing through the Strait of Hormuz have reached their highest level since the start of the war between the United States and Iran in February, with approximately 10.8 million barrels crossing yesterday, Wednesday. Concerns about the sustainability of the movement and geopolitical implications continue to persist. Despite increased demand for oil, navigation remains below normal levels, with Iran affirming it will take action against vessels that do not follow its designated routes. Meanwhile, a two-route evacuation plan for safe passage through the Gulf is being implemented.
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