Hormuz crude flows climb to 6-8 million barrels a day despite second tanker attack
Bloomberg reported that oil flows through the Strait of Hormuz rose to an estimated 6 million to 8 million barrels a day as Gulf producers ramped up exports, even after a second commercial vessel was attacked in the strait. Brent crude held near $82 a barrel as the added flow offset supply-disruption fears while Tehran and Oman worked on a deal covering transit fees.
Why this matters. Rising throughput despite an active tanker attack shows shippers are testing risk tolerance in the strait, a threshold that determines whether crude prices stay contained or spike if attacks resume at scale.