Hormuz Oil Shuttling Trade Is Picking Up Again After Lull

Trade in and out of the Strait of Hormuz is picking up again after a period of reduced activity, according to shipping and industry indicators. Tanker traffic appears to be returning as insurers, freight rates and operational risk perceptions adjust following earlier disruptions tied to regional tensions. Market participants said more vessels are transiting the chokepoint and routes are gradually normalizing, though caution remains for any flare-ups that could delay sailings. Traders are watching for changes in convoy coordination, war-risk premiums and expected supply schedules.