Strait of Hormuz reopens but risks persist for oil flows
after close1 source ↓written by the desknot a recommendation
- previously accounted
- 20% of global oil flows
The Strait of Hormuz is officially open again for shipping, following a declaration by President Trump. This vital waterway previously accounted for 20% of global oil flows. However, experts warn that it may never return to its former stability due to recent Iranian attacks that disrupted traffic. Shippers remain cautious about future operations in the region. ⚓️
Not investment advice. For informational purposes only.