Hormuz normalization odds rise on record weekend transits and ceasefire talks
· flowframe Pulse
The market climbed as weekend vessel transits reached a post-conflict high of 21 ships, aided by a new dual-corridor system coordinated with Oman. Sentiment was further bolstered by reports that regional mediators are discussing a 45-day ceasefire to resolve the current maritime blockade and avert a looming U.S. military deadline.
13¢ → 16¢ • Vol: $3.4M