Hormuz Oil Sneakouts Rise 50% as Iran and US Vie for Control

Oil flows through the Strait of Hormuz have surged by about 50% this month, according to Vortexa Ltd., underscoring what’s at stake as the US and Iran vie for control...

By Weilun Soon, Alex Longley · Bloomberg Markets

Oil flows through the Strait of Hormuz have surged by about 50% this month, according to Vortexa Ltd., underscoring what’s at stake as the US and Iran vie for control of the critical waterway.