Oil Flows Through Strait Of Hormuz Recover To 10 Million Barrels A Day As Prices Dip
Oil flows through the Strait of Hormuz have partially recovered to approximately 10 million barrels per day (plus 5 million via alternative routes) following a U.S.-Iran interim peace agreement, though the waterway remains under geopolitical tension with Iran recently attacking ships and rejecting U.S. conditions for unrestricted passage. A 60-day toll-free transit window is in place, but future arrangements remain uncertain, posing ongoing risks of disruption to one of the world's most critical maritime chokepoints.