One gas carrier transited the Strait of Hormuz on Monday.

A fifth of the world’s seaborne oil moves through a strait now avoided by underwriters, not blockaded by anyone.

War-risk premiums and charterer refusal are closing the chokepoint that mines never touched, tracking firm Kpler said.

Brent sits at $95.29 as of August 18, up 8.8% in a week.

Sources: Mehr News Agency