Iran seizes two ships near Strait of Hormuz, impacting shipping markets
Iran’s IRGC seized two container ships near the Strait of Hormuz, pushing traders to sell the Strait of Hormuz Traffic market, where odds of traffic returning to normal by May 31 are falling. The Warships Through the Strait of Hormuz market for UK warship transit by April 30 sits at 2.4% YES, down from 10%…
