Hormuz Traffic Thins Friday as Shipowners Err on Side of Safety

Traffic through the Strait of Hormuz appeared to thin early on Friday, just a day after a burst of oil flows through the waterway as the US and Iran vowed...

By Weilun Soon · Bloomberg Markets

Traffic through the Strait of Hormuz appeared to thin early on Friday, just a day after a burst of oil flows through the waterway as the US and Iran vowed to lift a dual blockade.