Ship traffic decreases in Hormuz

This week, maritime traffic through the Strait of Hormuz declined following Iranian statements that serve as a response to any new American attacks. The number of ships passing through the strait decreased to 7 ships on Monday, compared to 8 the previous day. In contrast, the Bab el-Mandeb Strait experienced an increase in traffic, with 29 ships passing through compared to 17 the day before, although some vessels may pass with their transmitters and receivers turned off, making it difficult to account for all of them. This coincides with expectations of rising Brent and West Texas Intermediate oil prices for December 2026 and 2027, amid fears that shipping disruptions in the region will continue into the next year.

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