The index sits near the bottom of its yearly range while traffic through the Strait of Hormuz is close to zero. IMF PortWatch recorded 4 transits on October 4 against a pre-crisis baseline of 85 per day. Behavioural research attributes the gap to recency bias, in which a short run of calm makes calm feel safe. The dashed line marks the 15.63 average of the 21 sessions shown.
This chart is presented for general informational purposes only and does not constitute financial, investment, tax, or legal advice. Figures reflect the source and period indicated and may no longer be current.
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