Oil bypasses Hormuz blockade via alternate routes, NDR data shows

Despite an apparent blockade of the Strait of Hormuz, shipping data analyzed by NDR indicates oil continues to reach global markets through alternative routes, explaining persistent high prices. The analysis suggests the blockade is not fully effective or is being circumvented, though the exact mechanisms and volumes remain unclear. This matters because it challenges assumptions about supply disruption severity and supports elevated but not spiking oil prices.

AI disclosure: Model-written summary of the source, not a verified fact. Check the sources. How Mosaic works