US Central Command released images of a seized Iran-linked vessel in the Arabian Sea. The Strait of Hormuz Traffic market now prices traffic returning to normal by May 31 at 25% YES, down from 50%. Market reaction The US Marines’ use of force against the Iranian-flagged M/V Touska has cut the odds of normalized Strait of Hormuz traffic in half. Traders are pricing in the risk that further military actions could disrupt shipping lanes, particularly given Iran’s drone threats against US Navy vessels. The Kharg Island Control market moved in…
US Centcom seizes Iran-linked vessel in Arabian Sea, raising regional tensions
