HORMUZ SHIPPING TRAFFIC SURGES Ship traffic through the Strait of Hormuz jumped to its highest level since the war began, with 70–78 vessels crossing on Wednesday after the IMO launched a safe-passage operation. While still below the prewar average of 130 daily transits, analysts say the rebound is encouraging but needs to continue before confirming a full recovery. *Walter Bloomberg (@DeItaone) / Twitter · 06-26 00:01