S&P Global said on the 25th that 78 vessels transited the Strait of Hormuz on the 24th, the highest daily count since the Iran conflict began. The month's daily average transit rate has recovered to roughly 57% of pre-conflict levels; cumulative transits reached 551 as of the 24th and the month is on track to be the busiest since the conflict began. Departing vessels include ships long idled by the conflict as well as recent entrants, signaling early normalization of shipping activity, though co

S&P Global said on the 25th that 78 vessels transited the Strait of Hormuz on the 24th, the highest daily count since the Iran conflict began. The month's daily average transit rate has recovered to roughly 57% of pre-conflict levels; cumulative transits reached 551 as of the 24th and the month is on track to be the busiest since the conflict began. Departing vessels include ships long idled by the conflict as well as recent entrants, signaling early normalization of shipping activity, though continuation depends on consolidation and implementation of related agreements.