Strait of Hormuz Traffic Lessens
Maritime traffic in the Strait of Hormuz has decreased following increased tensions in the Middle East, with the number of ships passing through the strait dropping to four on Monday, down from ten the previous day, amid the suspension of some AIS tracking systems. Satellite images showed an escalation in the movement of supertankers and oil exchanges between ships in the Gulf of Oman. Meanwhile, Oman postponed talks with Iran regarding the Strait of Hormuz agreements. Additionally, vessel crossings in the Bab el-Mandeb Strait declined to 21 ships, compared to a usual 125 ships per day before the Iranian conflict, reflecting the impact of the escalation on global oil supplies.
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