Dossier
prewar rates
Coverage of prewar rates in the Nexus archive.
- Hormuz traffic rebound returns oil to prewar rates, as US reassures wary Gulf allies
Hormuz traffic rebound returns oil prices to prewar levels below $73 a barrel, but vessel numbers remain lower than prewar figures. Oil tankers are using a new route through the channel despite threats from Iran, while the US reassures Gulf allies.