Svmuu News: S&P Global Energy reported on the 25th that a total of 78 vessels transited the Strait of Hormuz on the 24th, setting a record for the highest single-day transit volume since the outbreak of hostilities in Iran. The average daily number of vessels transiting the Strait of Hormuz this month has recovered to approximately 57% of pre-conflict levels.
The report noted that as of the 24th, a cumulative total of 551 vessels had transited the Strait of Hormuz this month, making it likely to be the month with the highest transit volume since the outbreak of hostilities. The report noted that vessels that have recently departed the Strait of Hormuz include not only those that had been stranded for a long time due to the conflict but also those that entered the strait recently, reflecting initial signs of normalization in shipping activity.
However, it remains to be seen whether the rebound in traffic through the Strait will be sustained, and relevant agreements still need to be further consolidated and implemented. (Xinhua News Agency)