Oil tankers pass the Strait of Hormuz despite Iran threats, as traffic flows begin to recover
NBC News
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A number of oil tankers sailed out of the Strait of Hormuz on Thursday along a U.N.-recommended route, defying threats by Iran that any ship not following its approved route “will be dealt with accordingly.”The passage of the Liberian-flagged vessel — perhaps aptly named the Stoic Warrior — came amid continued uncertainty about the future of the crucial waterway.
Oil Prices Fall Below Pre-War Levels
- Oil Erases Wartime Gains as Hormuz Stockpiles Hit Market Bloomberg —
- Oil back to pre-war levels as Hormuz traffic rebounds, US tries to reassure Gulf allies The Straits Times —
- Oil close to pre-war price as Iran oil hits market, ships transit strait UPI —
- Oil prices at lowest level since start of Iran war Semafor —
- ECB Rate-Hike Forecasts Pared Back as Oil Regains Pre-War Level Bloomberg —