Maritime intelligence firm Kpler said on Tuesday that a total of 172 ships have passed through the Strait of Hormuz since the U.S. and Iran signed their Memorandum of Understanding (MOU) last week, and over 200 tankers appear poised to attempt the passage.
However, the Iranian military said on Tuesday that it would only allow a limited number of ships to cross the strait each day.
President Donald Trump gushed on Truth Social that “19 million barrels of oil flowed out of the Hormuz Strait” on Monday, setting what he called an “all time record.”
“Oil prices are tumbling down, and the World is a much safer place!!!” Trump exclaimed.
U.S. crude oil…
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