Interesting what’s happening right now in the Strait of Hormuz. Since the ceasefire was announced, tanker traffic there has practically come to a halt. No more oil or gas tankers passing through this critical waterway. That’s actually remarkable when you consider how important this route is for global energy transportation.

Instead, you only see four ships carrying dry cargo. This shows how sensitive markets are to geopolitical developments. The gas and oil tankers stay away, even though the situation should be calming down. It somehow seems like a loss of confidence or maybe just extreme caution.

The Strait of Hormuz is well known as one of the most important chokepoints for global energy trade. If suddenly no gas or oil tankers are sailing there, it impacts the entire global supply chain. It’s interesting to observe how quickly such maritime patterns can change. This could be quite relevant for energy and commodity markets.