Iran’s “7-day plan” signals reopening of the strait, US willing to negotiate, Saudi Arabia quickly organizes exports
Strait of Hormuz: Low Navigation LevelsIran announced a “blockade” of the strait and intercepted a US military unmanned submersible; however, the US stated that the strait remains navigable under escort (approximately 40 million barrels over 48 hours). Actual navigation is only about half of pre-war levels, with tankers generally turning off their AIS or conducting …







