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Hormuz Strait shipments fall below average

Hormuz Strait shipments fall below average

The shipping traffic through the Strait of Hormuz experienced a temporary decline, with only 6 ships passing yesterday, compared to an average of about 13 ships over a ten-day period. This came after two gas tankers transited the strait, while some vessels had turned off their transmission devices while sailing, which could affect the total number of ships passing through. This decline reflects tensions in the region, where Iranian attacks on Kuwaiti territory have increased, and developments related to oil and the economy indicate instability in this vital waterway.

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