Yucatan Strait: 30 vessels/day (30-day avg 28.53, historical norm 23); Panama Canal: 11 vessels/day (30-day avg 11.87, norm 12); AIS counts show no chokepoint stress. JODI shows US crude imports 6,709 kbpd, output 13,850 kbpd — ample net export capacity. Fuel oil +2.13%, asphalt +3.34% — consistent with stable USGC loading cadence.