Strait of Hormuz Shipping Back Down to War Levels - OIL NOT MOVING
- 35 minutes ago
- 2 min read
Source: Hal Turner
As of June 29, 2026, Maritime traffic in the Strait of Hormuz has fallen to the same level as it was during the war.
The Memorandum of Understanding (MoU) has only raised it from approximately 5-10 vessels a day to about 15-20 vessels a day.For reference, peacetime traffic through the Strait is supposed to be 150-200 vessels daily, the current volume is only 10% of that.
Here is the actual traffic for June 28 & 29:
Countries all over the entire planet are burning through their oil reserves and now there is almost no hope - at all - that the free flow of oil at market prices, will resume soon enough to see entire countries RUN OUT OF OIL, GASOLINE, DIESEL FUEL, AVIATION FUEL, BUNKER FUEL (for ocean-going ships) and even Propane gas.
When the oil runs out, and the fuel is gone, entire economies stop. All commerce ceases. Store shelves get emptied of food. Global economic catastrophe.
IRAN KNOWS IT ONLY HAS TO WAIT
Iran may be betting that 60 days of chaos can do more damage to Trump than any missile strike.
Tehran has realized it may not need a deal at all if it can stretch the crisis long enough to crush markets, fuel voter anger, and hand Congress back to Democrats.
Iran doesn't need to get a deal to win. Iran can actually pull this out where they just drag it out and make the American economy collapse, make the global economy collapse either from no oil, gasoline, diesel, or prices that are so high for those fuels, no one can afford them.
It seems to me the Iran regime’s definition of victory is survival, and survival now means outlasting Trump’s pressure campaign until U.S. politics does the work for them.
