Commercial shipping traffic through the Strait of Hormuz has significantly increased following a recent agreement aimed at de-escalating tensions between the US and Iran. Maritime tracking data indicates 25 vessels passed through the strait on Thursday, marking the highest daily number since mid-April. This represents a substantial rise from the average of just over seven vessels per day observed since early March. The increase suggests a return to normalcy in the crucial waterway, vital for global oil transport. Tracking firm AXSMarine provided the data confirming the surge in vessel crossings. The improved situation follows a period of heightened risk and disruption to shipping in the region due to ongoing conflict. This rebound in traffic is a key indicator of easing tensions and restored confidence for commercial shipping operations.
