1 sources · updated 5h ago

Hormuz Strait vessel traffic drops as Iran nuclear talks stall

Only six commodity vessels transited the Strait of Hormuz on Monday, down from an 11-ship average, as U.S.-Iran negotiations faltered.

Coverage — read at the source

• oilprice.com · 5h ago

  Hormuz Tanker Traffic Slows to a Trickle ↗

  Tanker traffic via the Strait of Hormuz slowed further over the weekend, maintaining upward pressure on oil prices. At the time of writing, Brent crude was trading at $88.62 per barrel, with West Texas Intermediate at $82.18 per barrel. Earlier in the session, Brent crude broke above $89 per barrel before falling back. Only five commodity vessels passed the Strait of Hormuz on Saturday, and none were scheduled to transit the waterway on Sunday, data from Kpler cited by Reuters showed. The data,…

• oilprice.com · 3d ago

  Hormuz Tanker Traffic Slumps as U.S.-Iran Standoff Drags On ↗

  Tankers moving along the Strait of Hormuz dwindled further this week, with only five crossings on Wednesday and nine crossings on Thursday, down from a monthly average of 12 crossings, according to data from Kpler, as cited by Reuters. Five tankers went into the waterway yesterday, according to the data, and four exited it, most of them moving along the Iranian corridor. Traffic via the Bab el-Mandeb strait in the Red Sea was in the double digits, with Kpler reporting 19 commodity carriers passi…

• oilprice.com · 5d ago

  Hormuz Ship Traffic Falls to Weekly Low as Standoff Drags On ↗

  The number of ships that have transited the Strait of Hormuz dropped to a week-low on Tuesday, according to shipping data, as vessel owners continue to avoid the key chokepoint in the Middle East. Only eight vessels moved in either direction at the Strait of Hormuz on Tuesday, the lowest number since August 5, and below the latest 10-day average of 12, per Kpler data cited by Reuters on Wednesday. Traffic at the waterway, where some 20 million barrels of oil were flowing before the war, has cont…

• oilprice.com · 6d ago

  Strait of Hormuz Traffic Sank To Just Six Vessels Monday ↗

  Vessel traffic at the Strait of Hormuz continues to decline as last week’s hopes of negotiations of a U.S.-Iran deal began to fade, yet again. As OilPrice notes, on Monday, only six commodity vessels transited the Strait of Hormuz in either direction, down from 11 ships in the latest 10-day average, according to shipping data from Kpler cited by Reuters on Tuesday. Four commodity vessels moved inbound into the Persian Gulf via the Strait and two others exited outbound, the data showed. Bloomberg…

• oilprice.com · 6d ago

  Hormuz Traffic Sinks to Six Vessels Monday as Iran Talks Stall Again ↗

  Vessel traffic at the Strait of Hormuz continues to decline as last week’s hopes of negotiations of a U.S.-Iran deal began to fade, yet again. On Monday, only six commodity vessels transited the Strait of Hormuz in either direction, down from 11 ships in the latest 10-day average, according to shipping data from Kpler cited by Reuters on Tuesday. Four commodity vessels moved inbound into the Persian Gulf via the Strait and two others exited outbound, the data showed. The inbound movement of comm…