“Only Seven Ships”: The Oil Disruption Threatening Rates Worldwide
4 Articles
4 Articles
Preliminary vessel tracking data showed a decrease in the number of cargo ships in transit
With tensions escalating in the Strait of Hormuz and the Red Sea, and the recent attack on Saudi Arabia's East-West oil pipeline, the industrial sector is deeply concerned about disruptions to crude oil transport and rising logistics costs. With Hormuz effectively blocked and the alternative route through the Bab el-Mandeb Strait in the southern Red Sea also under threat, an increasing number of vessels are diverting to the Suez Canal. Consequen…
Hormuz Crossings Fall to Seven as More Ships Sail Without Tracking
Preliminary ship-tracking data cited by Reuters recorded only seven vessels crossing the Strait of Hormuz on Sept. 9, down from 12 the previous day and below the 10-day average of 14. The decline follows a broader trend in which more than half of all Hormuz crossings between Feb. 28 and mid-August 2026 lacked a reliable tracking signal, according to Kpler data reported by Reuters. The full count remains unclear, as some ships had switched off tr…
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