▲ 51 r/oil
Increased Hormuz traffic good sign or bad
I’m curious what everyone’s thoughts are on the uptick in traffic through the strait of Hormuz. Is this and indication that things are cooling and we are actually close to a deal or are trapped ships reading the tea leaves and are anticipating the war to resume and are accepting the added risk of transiting the strait rather than being trapped in the gulf when war resumes?
u/Practical_Rip_953 — 1 day ago