The Network · 2026-03-28 14:26:57 · Bloomberg Markets
A mere trickle of commercial vessels is navigating the Strait of Hormuz, with traffic now clinging to a narrow corridor along the Iranian coastline. This stark shift in maritime movement underscores the severe disruption to one of the world's most critical oil chokepoints as the regional conflict enters its second mont...
The Network · 2026-04-03 03:56:52 · ZeroHedge
Iraq has restarted overland oil exports through Syria, a significant shift in regional energy logistics that bypasses the volatile Strait of Hormuz. The move, confirmed by Iraq's state oil marketer Somo, involves exporting 50,000 barrels per day of Basra medium crude via Syria to the Mediterranean port of Baniyas, with...
The Network · 2026-04-04 13:56:54 · Bloomberg Markets
Maritime traffic through the critical Strait of Hormuz has surged, with the seven-day rolling average of transits hitting its highest level since the outbreak of the war. This spike in activity represents a significant and measurable anomaly in the strategic waterway, a chokepoint for roughly a fifth of the world's sea...