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Oil flows through Strait of Hormuz near prewar levels

  • Crude oil flows through the Strait of Hormuz are approaching prewar levels.
  • The U.S. Navy secured a portion of the waterway for relatively secure passage.
  • Iran’s military capability is described as depleted, supporting the restored oil flow.

Crude oil traffic through the Strait of Hormuz is nearing prewar levels, marking a significant recovery at the world’s most critical oil chokepoint. The restored flow is mainly linked to Iran’s depleted military capability and a U.S. Navy operation that has secured part of the waterway for relatively secure passage.

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