🚨 Strait of Hormuz oil flows have surpassed 10 million bpd as shipments rebound after the U.S.-Iran agreement.
Iran has exported 50 million barrels in the past two weeks, earning an estimated $3.5 billion.
Tehran plans to impose transit fees after the 60-day free-passage period ends in mid-August; the U.S. has rejected the proposal.
The recovery signals easing supply risks and reduced leverage over the key global oil chokepoint.
Iran has exported 50 million barrels in the past two weeks, earning an estimated $3.5 billion.
Tehran plans to impose transit fees after the 60-day free-passage period ends in mid-August; the U.S. has rejected the proposal.
The recovery signals easing supply risks and reduced leverage over the key global oil chokepoint.