Hormuz Activity Increases as Multiple Vessels Transit Iranian Scheme

🛢️ HORMUZ — Multiple vessels transiting. Tehran opens the valve, not the strait. 📌 LOOK CLOSER: Multiple ships using Iran's own traffic separation scheme suggests selective access expansion — a political tool, not capitulation. Each bilateral transit fractures coalition pressure: countries solve shortages alone. If the pace holds, war-premium tanker rates collapse before any deal is signed — and the blockade loses its teeth without a fight.