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Strait of Hormuz sees increased ship traffic ahead of Trump’s deadline. Here’s why oil prices are not budging.

The Strait of Hormuz saw an uptick in traffic over the weekend, as a looming U.S. deadline for Iran to reopen the key waterway kept markets on edge.

6 Apr, 21:00 — 6 Apr, 21:14
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Source Diversity

High (60/100)
4 sources30/33
Spectrum spread3/5 buckets covered17/33
Far L1
Far Left (1)
NYT
Left1
Left (1)
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Center2
Center (2)
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Right
Far R
Geographic diversity3 regions13/34
US2Morocco1Croatia1