Hormuz hopes dashed; Asia – Europe and transpac ocean rates diverge on extended US peak – August 11, 2026 Update

Weekly highlights Ocean rates – Freightos Baltic Index Air rates – Freightos Air Index Analysis The Iran-Oman Strait of Hormuz initiative stirred some optimism last week of renewed traffic through the waterway sometime soon. But Iran’s recent, escalated, list of demands of the US – including a ban on US vessels, transit fees, and reparations […] The post Hormuz hopes dashed; Asia – Europe and transpac ocean rates diverge on extended US peak – August 11, 2026 Update appeared first on Freightos .