Oil markets just repriced geopolitical risk. Here is what the Strait of Hormuz data says about the real threat to supply.

The strait of Hormuz is back at the center of a live conflict, with tanker fires and reprisal attacks threatening the world's key oil chokepoint.

The AI bellwether's blowout quarter soothes markets and pushes oil down, but the real story is what it signals for the next leg of the AI trade.

Analysts say mine clearance alone won't make shipping safe, leaving war-risk premiums elevated and transit uncertain.

Ship-to-ship transfers in the Gulf of Oman keep non-Iranian oil moving even as direct Strait of Hormuz transits collapse, reshaping global energy logistics.