24 Hrs
Source:
الدستور
Reduced shipping through the Strait of Hormuz
The congestion of shipping traffic through the Strait of Hormuz has decreased significantly after attacks on oil tankers, with the number dropping dramatically from 31 ships last week to just five ships this week, due to tensions and conflicts between the United States and Iran. The attacks, which included targeting vessels operated by ADNOC and the announcement of a naval blockade imposed by the Houthis, have resulted in almost complete closure of vessel passage, threatening about one-fifth of the world's oil supplies that previously passed through the strait before the escalation of military tensions. Iran insists on meeting its demands for the resumption of shipping activity, while data shows a significant decline in the number of passing ships and a halt in the transit of Saudi oil shipments, reaching the lowest level in months.
Size: 120%Text Size
Notice: This Is an AI-Generated Summary
Comments (0)