Traffic Through The Strait Of Hormuz Has Practically Ground To a Halt. Oil Is Edging Up.

Source: International Business Times

Only five ships made it through the Strait of Hormuz during the weekend, according to recent data. AFP via Getty Images Oil prices are edging up on Monday after the latest data from intelligence firm Kpler cited by Reuters showed that only five ships made it through the Strait of Hormuz during the weekend. Brent oil, the international benchmark, gained 0.

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