Tankers are still moving crude through the Strait of Hormuz despite Iran escalating attacks. Flows are holding, so the war-risk premium stays contained for now. Watch insurance and freight costs, thos

What happened: Tankers are continuing to transit the Strait of Hormuz despite a sharp escalation of Iranian attacks, with soaring freight rates cited as the incentive. Why it matters: The higher freight rates give tankers a financial reason to keep crude oil flowing through the strait despite the attacks.

Tankers are continuing to transit the Strait of Hormuz despite a sharp escalation of Iranian attacks, with soaring freight rates cited as the incentive.

The higher freight rates give tankers a financial reason to keep crude oil flowing through the strait despite the attacks.