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Market and iran
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CMN
Posted 3/18/2026 10:02 (#11588998 - in reply to #11588976)
Subject: The Strait of Hormuz is far from "closed."


West of Mpls MN about 50 miles on Hwy 12
Apparently Countries like China, Russia, India and Pakistan have negotiated some kind of "trade deal" with Iran that allows ships to pass that keeps oil, fertilizer, trade goods flowing to and from those Countries...who would have ever thought that would happen.

https://apnews.com/article/ships-iran-oil-china-us-trump-hormuz-82a9...

HONG KONG (AP) — About 90 ships including oil tankers have crossed the Strait of Hormuz since the outset of the war with Iran and it is still exporting millions of barrels of oil at a time when the waterway has been effectively closed, according to maritime and trade data platforms.

Many of the vessels that passed through the strait were so-called “dark” transits evading Western government sanctions and oversight that likely have ties to Iran, maritime data firm Lloyd’s List Intelligence said. More recently, vessels with ties to India and Pakistan have also successfully crossed the strait as governments stepped up negotiations.

The latest passages through the Strait of Hormuz show the strait was not simply “closed,” Cao said. “It is better understood as closed selectively against some traffic, while still functioning for Iranian exports and a narrow set of tolerated non-Iranian movements,” he said.

Edited by CMN 3/18/2026 10:11
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