5 Hrs
Source:
الاقتصادية
Lower Ship Traffic in Strait of Hormuz
Shipping data indicates that six ships passed through the Strait of Hormuz yesterday, Tuesday, which is below the ten-day average of 12 ships, with five ships entering the strait and one ship exiting. These figures come amid escalating security tensions, as oil prices continue to rise toward $100 per barrel, amidst Houthi attacks in Yemen and the targeting of Iranian tankers by U.S. forces, in addition to Iranian strikes on a U.S. military base in Jordan. Additionally, 25 ships transited the Bab el-Mandeb Strait yesterday, compared to an average of 27 ships over the past ten days, with shipping activity in the Hormuz Strait reaching its lowest level since May.
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