Ships transit Strait of Hormuz amid Middle East strikes

The article discusses maritime traffic through the Strait of Hormuz at the beginning of the week, noting a decrease in the number of ships passing through from 8 to 4 within a single day, amid escalating tensions between the United States and Iran, who have increased their regional attacks. Data indicates that at least three oil tankers and one very large crude carrier have entered the strait since Friday to load oil, while no liquefied natural gas carriers have passed since Thursday, as some vessels have ceased transmitting signals to conceal their movements. Reports suggest that shipping disruptions have led to a buildup of liquefied natural gas, but with the potential for sanctions to be eased in the coming weeks, exports could quickly rise—especially given that the Strait of Hormuz traditionally accounts for a fifth of global oil shipments.

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