West Texas Intermediate & International — International Maritime Organization

West Texas Intermediate: West Texas Intermediate (WTI) crude prices have also fallen to pre-war levels, reflecting the improved outlook for oil supply following the partial reopening of the Strait of Hormuz.

International — International Maritime Organization: The International — International Maritime Organization (IMO) has been involved in coordinating new shipping routes through the Strait of Hormuz and facilitating the evacuation of stranded seafarers, though its efforts have been temporarily paused due to security concerns.

West Texas Intermediate: West Texas Intermediate prices have been affected by the Strait of Hormuz disruption and the US-Iran conflict, showing market volatility in response to geopolitical events.

International — International Maritime Organization: The International — International Maritime Organization has temporarily paused its evacuation framework for ships in the Gulf due to attacks, highlighting the security risks in the region.

International — International Maritime Organization: The International — International Maritime Organization has reported that hundreds of ships and thousands of seafarers have been unable to transit the Strait of Hormuz during the conflict.