Factoid - Thursday, March 5, 2026
Bloomberg reported that just three ships traversed the Strait of Hormuz on 3/3/26, down from 104 on 2/27/26, according to vessel tracking data it compiled. The strait functions as a vital artery for the global oil trade. Nearly 13 million barrels of crude oil passed through it each day in 2025, representing 31% of all seaborne crude flows, according to energy consulting firm Kpler and CNBC.
Posted on Thursday, March 5, 2026 @ 9:52 AM

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