World oil valve throughput rebounds Ship charter rates for oil tankers soar.

CCTV Finance News reported that on the 25th, Standard & Poor's Global Energy Company released a report stating that on the 24th, a total of 78 ships passed through the Strait of Hormuz, setting a record for the highest daily transit since the outbreak of the US-Iran conflict. The daily average traffic volume of ships in the Strait of Hormuz this month has recovered to about 57% of the pre-conflict level. It is understood that with the increase in ship traffic in the Strait of Hormuz and the replenishment of energy reserves by many countries in the autumn and winter, international oil tanker rentals have sharply increased, leading to differentiation in the domestic upstream and downstream sectors. On the one hand, after the situation in the waterway has eased, shipping companies' risk aversion insurance premiums have fallen, combined with rising freight rates, resulting in increased profit margins. However, refining companies are under significant pressure, as rising shipping costs directly push up the onshore price of crude oil and compress refining processing profits. Due to China's high dependence on imported crude oil, many refining companies are still seizing the current window of opportunity to accelerate the replenishment of crude oil.