Only Iran "Friendly" Ships Allowed Transit Through Strait, As Tankers Pile Up Near Hormuz, Waiting To Cross

Only Iran "Friendly" Ships Allowed Transit Through Strait, As Tankers Pile Up Near Hormuz, Waiting To Cross Shipping through the Strait of Hormuz remains largely limited, with transits over the past 24 hours consisting almost exclusively of ships "friendly" to Iran, including Chinese and Russian vessels. Meanwhile, those expecting the ceasefire to unblock Hormuz have actually seen the opposite: traffic through the strait, which ticked up at the weekend, has since slowed further....

By Tyler Durden