Tanker data contradicts Iran's Hormuz closure claim; oil flows continue

Iran claims the Strait of Hormuz will remain closed until its conditions are met, but independent tanker tracking from Kpler and Windward shows oil still transiting the strait and alternative export routes in use. The discrepancy suggests either a partial closure, a rhetorical stance, or data gaps; the market impact hinges on actual supply disruption, which appears limited so far.