Traffic through the Strait of Hormuz has dropped to a near standstill after Iran initially claimed it had reopened but then reinstated restrictions, allowing only a handful of vessels to transit since. Oil and gas prices are rebounding as a result.

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@Open Source Intel: Traffic through the Strait of Hormuz has dropped to a near standstill after claims it had reopened fell apart. Iran reversed course and reinstated restrictions. Only a handful of vessels have transite

@Open Source Intel: Traffic through the Strait of Hormuz has dropped to a near standstill after claims it had reopened fell apart. Iran reversed course and reinstated restrictions. Only a handful of vessels have transite

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