Oil Prices Hit 1-Month High as Hormuz Shipping Crawls | Newsmax.com

that only eight ships crossed the strait on Thursday, citing data from maritime analytics firm Kpler. That marked the second full day of the reinstated U.S. naval blockade on Iran and represented the lowest level of shipping activity through the waterway in more than a month.

Shipping traffic had already slowed from 13 vessels the previous day, according continue reading …