The Islamic Revolutionary Guard Corps reported that four tankers were hit in the Strait of Hormuz. Separately, Donald Trump stated that the war on Iran would "get wrapped up soon."
PDF Strait of Hormuz Disruptions: Beyond reopening - lasting ... - UNCTAD
Summary
After 100+ days of disruption, trade through the Strait is set to resume. Daily ship transits through the Strait of Hormuz in 2026 The prospect of the Strait opening is calming energy markets down. Daily price of crude oil in US$ per barrel But in some sectors, such as transport, prices take longer to adjust.
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- unctad.org(Mixed)
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