Hormuz Re-Closure Meets Market Resistance as Traffic Returns

Analysis of Iran’s June 21 reinstatement of Persian Gulf Strait Authority tolls following the June 17-18 reopening. Despite the announcement, traffic continued with 25 AIS-visible transits recorded on June 22, including French and Qatari LNG carriers, while Kharg Island resumed multi-berth crude loading with exports reaching 6.79 million barrels. </content> </invoke>