With Only Iran-Linked Tankers Transiting Hormuz, Saudis Boost Red Sea Flows To Record

Following several attacks on merchant ships (with missile and drone activity continuing to pose a critical risk to all vessels in the vicinity), transit through the Strait of Hormuz remains near a standstill for a seventh day, according to Bloomberg's Julian Lee, with Iran-linked ships the only commercial vessels making the crossing in the past 24 hours.