development

Oil Shipments Through Hormuz Rise to Almost Pre-War Levels Ahead of Formal Reopening

| Hormuz Crisis

Oil shipments through the Strait of Hormuz rose to almost pre-war levels on September 29, 2026, ahead of announced plans to formally reopen the strait — a further recovery milestone in Persian Gulf energy flows. The near-full restoration of crude throughput marks a significant reversal from the acute disruptions at the crisis peak, signalling that passage-protection operations and diplomatic pressure have substantially restored commercial shipping confidence through the waterway.