Hormuz
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Five Ships, $90 Oil: The Hormuz Numbers the Headlines Skip
One burning tanker, five commodity ships crossing Hormuz in a day, a freight index up 7.1 percent in a week, and a strategic reserve at…
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The Numbers on Hormuz: Transit From 140 Ships a Day to Single Digits
Transit through the Strait of Hormuz fell from a pre-crisis 130-140 ships a day to single digits. Brent closed at $90.49. The real constraint isn’t…