Ongoing Middle East conflict and Iranian strikes on tankers have kept visible Strait of Hormuz transits at low levels, with daily commodity ship crossings often in the single digits to mid-teens during late September per Kpler and Reuters tracking, well below the pre-war baseline of roughly 50 tankers or 125 commercial vessels daily. Oil flows have partially recovered via dark transits, Gulf of Oman ship-to-ship transfers, and Saudi rerouting to Ras Tanura, supporting Kpler estimates of 7-13 million barrels per day through the strait in recent weeks and positioning September as the busiest month since February. Recent attacks around September 29 and the US blockade continue to suppress AIS-visible traffic while elevating reliance on protected or non-broadcast movements. Trader positioning favoring the 20-29 ship range reflects this volatility in weekly aggregates, with uncertainty around exact counts of visible versus dark vessels and any last-minute shifts in export volumes or security conditions.