Iran War: Hormuz Crossings Rise Slightly From Weekend, Remain in Single Digits, Data Shows
- On Tuesday, West Texas Intermediate crude futures traded near $82.35 a barrel as shipping activity through the Strait of Hormuz remained at single digits amid a continuing stalemate in peace talks between the United States and Iran.
- The United Arab Emirates accused Iran of attacking three vessels operated by the Abu Dhabi National Oil Company late last week, prompting regional security concerns that slowed tanker transit through the critical waterway.
- Shipping data from Kpler indicates only six commodity ships transited the strait on Monday, down from the 10-day average of 11 ships, as some vessels navigate the Gulf with transponders disabled.
- Iranian Foreign Minister Abbas Araqchi stated over the weekend that Iran has not decided to resume nuclear negotiations, while President Donald Trump urged Americans to accept slightly higher gasoline prices as the conflict persists.
- Market analyst Tony Sycamore noted that both sides remain firmly entrenched, leaving the market to weigh risks of tighter supply against the availability of workarounds and informal trade channels as the stalemate continues.
21 Articles
21 Articles
Hormuz Crossings Rise Slightly from Weekend, Remain in Single Digits
Ship crossings via the Strait of Hormuz were still in single digits on Monday, despite rising slightly from the weekend, according to preliminary shipping data on Tuesday, amid a stalemate in US and Iranian peace talks. Six commodity ships transited the strait on Monday, of which three were exiting the Gulf and three were entering, Kpler shiptracking data showed, compared with the 10-day average of 11 ships. Three ships transited on Saturd…
Hormuz crossings rise slightly, remain in single digits amid U.S.-Iran talks stalemate
SINGAPORE: Ship crossings via the Strait of Hormuz were still in single digits on Monday, despite rising slightly from the weekend, according to preliminary shipping data on Tuesday, amid a stalemate in U.S. and Iranian peace talks.Six commodity ships transited the strait on Monday, of which three were exiting the Gulf and three were entering, Kpler ship tracking data showed, compared with the 10-day average of 11 ships. Three ships transited …
Iran war: Hormuz crossings rise slightly from weekend, remain in single digits, data shows
Ship crossings via the Strait of Hormuz were low on Monday. Six commodity ships transited the strait, a slight increase from the weekend. No large crude carriers or LNG tankers passed through the waterway. Some vessels may have bypassed tracking by switching off transponders. This situation persists amid stalled peace talks between the United States and Iran.
Maritime Reporter
maritimeprofessional.comHormuz Crossings Rise Slightly from Weekend
Ship crossings via the Strait of Hormuz were still in single digits on Monday, despite rising slightly from the weekend, according to preliminary shipping data on Tuesday, amid a stalemate in U.S. and Iranian peace talks.Six commodity ships transited the strait on Monday…
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