Oil tanker traffic through Strait of Hormuz rebounds despite Iran threats

Oil tanker traffic through the Strait of Hormuz has surged in recent weeks to more than 10 million barrels a day, according to a report published Wednesday by Bloomberg. A US official said American military support had strengthened shipping companies' confidence and limited Iran's ability to disrupt traffic along the strategic maritime route. According to […] The post Oil tanker traffic through Strait of Hormuz rebounds despite Iran threats appeared first on www.israelhayom.com.