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Ship traffic through Hormuz stays below 10
The movement of vessels passing through the Strait of Hormuz remained low, with only four ships yesterday, Tuesday, significantly below the ten-day average of 18 ships. This comes amidst rising attacks in the region. There were no giant oil or LNG carriers among these vessels, even as oil prices continue to climb near $110 per barrel, with expectations they may reach $120 due to Middle East tensions. Some ships crossed the strait with their transmission and reception systems turned off, further reducing traffic. Additionally, it was noted that the number of ships passing through the Bab el-Mandeb Strait remained comparable, reaching 22 ships, with little change from the previous day.
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