Hormuz transit odds dip as Iran expands selective shipping corridor
· flowframe Pulse
The market for 0-10 daily transits retraced slightly after maritime intelligence reports indicated that Iran’s 'controlled passage' system is scaling, with daily throughput reaching up to 12 vessels for approved nations. While the Strait remains effectively closed to Western-allied shipping, the selective reintroduction of tankers for China and India has introduced marginal uncertainty regarding the 10-vessel average threshold.
97¢ → 94¢ • Vol: $0.5M