Hormuz Route Moves Oil Prices

Hormuz traffic is recovering, but oil prices still swing when attacks threaten the fuel route.

1. Frame 1A reported attack halts Hormuz traffic and raises oil prices because markets price a riskier shipping map.
2. Frame 2Before the strike, 78 vessels crossed Wednesday, 57% of prewar daily volume.
3. Frame 3As tankers exit the strait, Brent near $72.24 shows short-term supply easing.
4. Frame 4Mechanism map: blocked lanes raise risk; open routes lower oil prices.
5. Frame 5A 60-day U.S.-Iran negotiation clock matters because renewed tension could lift oil again.
6. Frame 6Watch vessel counts, Brent futures, and backlogs to see if relief reaches consumer inflation.