Around 20 ships are seen moving from the Gulf towards the exit via Strait of Hormuz, according to ship tracking data

The movement of around 20 ships from the Gulf through the Strait of Hormuz could signal heightened shipping activity amidst geopolitical tensions. This is significant as any disruption in this crucial passageway often impacts oil supply and prices, potentially spiking costs in the energy market. Watch for market reactions in oil futures and safe-haven assets as the situation develops.