Strait of Hormuz shipping remains near total standstill.


Bloomberg vessel tracking data as of March 29 shows traffic far below prewar levels despite a small number of vessels getting through.
Bessent vowed the US will retake control while Saudi Arabia reroutes crude to Red Sea ports approaching 5 million barrels per day.
Oil sits above $101 with Brent on track for its steepest monthly rise on record.
This is just the beginning.
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