The Strait of Hormuz is ‘leaking’ oil (original) (raw)

One of the biggest mysteries of the global economy is why the oil market has remained so calm during one of the greatest supply shocks in history. The Strait of Hormuz has been paralyzed by three months of war — a nightmare scenario that few thought was possible before the war with Iran started. Visible traffic through the...read full story

"Despite the ongoing naval blockade and the steep decline in commercial traffic, surprising volumes of crude and petroleum products still appear to be transiting the Strait,"