The "Grand" Triumph of Diplomacy: Strait of Hormuz Traffic Skyrockets to a Whopping 10% of Normal

Oh, celebrate the monumental success of international diplomacy! Maritime traffic in the Strait of Hormuz has bravely surged all the way back to... exactly where it was during the height of the war.

Here is how the "groundbreaking" Memorandum of Understanding (MoU) is currently saving global trade:

The Dramatic Leap: Thanks to this brilliant paperwork, daily traffic has skyrocketed from a pathetic 5–10 vessels to a marginally less pathetic 15–20 vessels a day.

The Reality Check: For those keeping score at home, actual peacetime traffic is supposed to be 150–200 ships daily.

The Grand Total: Global supply chains can rest easy knowing the Strait is operating at a jaw-dropping 10% capacity**.

Clearly, those signed papers were worth every single drop of ink. At this rate, we might hit 20% capacity by the next decade.