Hormuz Tanker Traffic Remains Subdued Despite Reports of Peace Talks

Five tankers passed through the Strait of Hormuz yesterday, with three of them entering the waterway and two exiting, Reuters reported earlier today, citing data from Kpler that shows traffic in the chokepoint remains severely constrained despite a slew of reports on peace efforts in progress. One of the vessels that exited the strait on Tuesday was an Emirati LNG carrier with a cargo bound for India. This was the third time this tanker, the Mubaraz LNG, has traversed the Strait of Hormuz since the U.S.-Israeli war with Iran began at the end of…