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المشهد العربي
Strait of Hormuz Traffic Drops Ahead of Iran-Oman Talks
Shipping traffic through the Strait of Hormuz has decreased to 33 ships this week, down from 50 ships last week, amid anticipation of talks between Iran and Oman to explore the possibility of reopening this vital waterway. Four ships transited the passage yesterday, including a giant oil tanker carrying around two million barrels of Basra crude, while six tankers have departed since the beginning of the week. Data indicates that most of these vessels are following the routes designated by Iran. These developments come at a time when Chinese and Indian refining companies are seeking to load oil from Iraq, taking advantage of price discounts.
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