Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesStocksEarnInstitutionAI & More
Iran permits Iraqi ships to use the Strait of Hormuz, weekly transit volume reaches highest level since the war

Iran permits Iraqi ships to use the Strait of Hormuz, weekly transit volume reaches highest level since the war

Odaily星球日报Odaily星球日报2026/04/05 06:24
Show original

According to Odaily, over the past two weeks, the number of vessels transiting the "blockaded" Strait of Hormuz has been steadily increasing. More and more ships from friendly nations are passing through the strait. According to Bloomberg, with traffic through the Strait of Hormuz gradually recovering over the past week, the seven-day rolling average of transits as of Friday has reached its highest level since the outbreak of war.

An increasing number of ships are crossing the strait, including some vessels with no clear links to Iran. Various countries are negotiating with Tehran to secure safe passage for their ships. Among the vessels transiting in the past day, liquefied petroleum gas carriers dominated, including one heading to India and others associated with Iran.

According to Bloomberg’s calculations, since Friday morning, a total of 13 vessels have transited the strait. Based on vessel tracking data compiled by Bloomberg, 10 ships left the Persian Gulf, while 3 entered from the high seas.

0
0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

Understand the market, then trade.
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.
Trade now!

You may also like

Barclays: Bloom Energy (BE.US) demand turning point is steeper than expected, rating raised to "Buy"

Barclays has upgraded Bloom Energy’s rating from "equal weight" to "overweight," setting a target price of $289.

智通财经•2026/11/04 00:52

Competitor turns supplier as the "new owner"! Bank of America: Marvell Technology's acquisition of Lumentum may prompt Cisco and Ciena to seek other sources

Bank of America analysts stated that Marvell Technology's acquisition of Lumentum may prompt Ciena and Cisco to diversify their optical component suppliers.

智通财经•2026/11/04 00:47

Goldman Sachs traders warn of an "invisible bear market": S&P 500 is only 3% away from its all-time high, but 60% of its constituent stocks have entered bear market territory.

The S&P 500 Index is only about 3% away from its latest record high, but 60% of the constituent stocks in this benchmark index are deeply entrenched in bear market territory.

智通财经•2026/11/04 00:28
Goldman Sachs traders warn of an "invisible bear market": S&P 500 is only 3% away from its all-time high, but 60% of its constituent stocks have entered bear market territory.