Decline in Strait of Hormuz crossings

Shipping data shows that vessel transits through the Strait of Hormuz have sharply declined, reaching 12 ships at the start of the week compared to 35 during the same period last week. This comes amid ongoing tensions in the Gulf and the crisis between the United States and Iran. Before the war, approximately one-fifth of the world's oil and liquefied natural gas supplies passed through the strait, but currently, activity is very limited due to blockades and political tensions, with some producers continuing to export oil via untraceable tankers as a result of turned-off transponders and receivers. The data indicated that four ships left the strait on Sunday, while two small tankers entered the Gulf, with vessel movement partially controlled amid the current tensions.

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