Tanker captains are pulling down $50k bonuses per Strait of Hormuz transit as traffic through the strait hits its lowest since July. Crude is still flowing — 16.5M barrels left the region last month,

What happened: Shipping traffic through the Strait of Hormuz fell to its lowest level since July 23, with only seven detectable vessels passing in the previous week, as attacks on ships continued and sailors were paid large bonuses for transits. Key numbers: Captains earn base salaries up to $100,000 plus a $50,000 bonus per voyage; crew earn four to six times normal Why it matters: Analysts said Iranian attacks are at their highest level since the war began and may intensify, keeping oil prices elevated, while insurers and shipping companies may grow more reluctant to transit the strait.

Sailor salaries soar for Hormuz transits amid Iran war.

Sailor salaries soar for Hormuz transits amid Iran war. — impact context not separately stored; see What changed.