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Oil prices settle up as Iran says Strait of Hormuz to stay shut | Reuters
Traffic still depressed
Recent ship-tracking data show the Strait of Hormuz is still operating at a fraction of pre-crisis levels. Reuters reported traffic at six to eight vessels per day in mid-August, while broader trackers put flows at only a small share of normal volumes.
Why it matters
The main reason the recovery remains uncertain is that the security and diplomatic situation has not stabilized. Reporting cites continued hostilities, unresolved U.S.-Iran tensions, and warnings from Iranian officials that the strait will stay closed unless conditions change.
No firm month yet
Because the disruption is still unfolding, the best answer to the “which month” question is that no reliable month can yet be confirmed from current reporting. Market watchers are instead discussing whether normal traffic could resume later in the year, but recent news suggests August is too soon.