Goldman Says Hormuz Oil Flows at Two-Thirds of Pre-War Levels

Goldman says oil flows through the Strait of Hormuz have recovered to about two-thirds of pre-war levels (roughly 15–16 million barrels a day).
Shippers are adapting by turning off satellite transponders (“going dark”) and using ship‑to‑ship transfers to keep exports moving.
Those workarounds helped blunt crude spikes (prices fell from >$120 in April to about $89 now), though LNG and refined fuel flows remain tighter — a bigger concern for Europe.