BREAKING: Pentagon assessment estimates clearing Iranian-laid mines from the Strait of Hormuz could take six months. The timeline suggests potential for sustained pressure on global oil prices.

UPDATE: Russia announces the cessation of Kazakh oil transit to Germany starting May 1. Kremlin spokesperson Dmitry Peskov also addressed OPEC+ policy in response to the ongoing blockade of the Strait of Hormuz.

Kremlin spokesperson Dmitry Peskov announced that the transit of Kazakh oil to Germany will cease effective May 1. Additionally, the Kremlin addressed OPEC+ actions regarding the blockade of the Strait of Hormuz.

Sweden may implement energy usage restrictions if supplies from the Middle East remain disrupted by the war in Iran, Prime Minister Ulf Kristersson said.

Swedish Prime Minister Ulf Kristersson stated that Sweden may need to implement energy usage restrictions if energy supplies from the Middle East remain disrupted by the war in Iran.

Kpler data shows Iranian oil exports to China remain steady at 985,000 barrels per day despite US naval blockade efforts. Iran's deputy parliament speaker Hamid-Reza Haji Babaei says the central bank has collected first revenues from a Strait of Hormuz toll system.

Maritime analytics firm Kpler reports that Iranian oil shipments to China continue at approximately 985,000 barrels per day despite a US naval blockade. Meanwhile, Iran's deputy parliament speaker Hamid-Reza Haji Babaei stated the central bank has received initial revenues from a new toll system in the Strait of Hormuz.

UPDATE: Emirates anticipates 1-2 months of continued shipping disruption following the reopening of the Strait of Hormuz. The timeline reflects ongoing logistical challenges in the region. #Hormuz #Shipping

Emirates expects shipping disruptions to persist for one to two months following the reopening of the Strait of Hormuz.