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Morgan Stanley data confirms the "big gift" mentioned by Trump: traffic through the Strait of Hormuz is significantly increasing.
Data from Morgan Stanley corroborates former U.S. President Trump’s claim that increased oil tanker traffic through the Strait of Hormuz represents a “big gift” to the U.S. From March 23 to 26, as many as 12 vessels passed through the strait, a significant increase compared to previous days, although still modest compared to pre-war levels. This directional shift is considered highly significant by commodity strategists, signaling a potential easing of tensions and concerns in the energy markets.