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Commodities

Strait of Hormuz Shipping Slows After Vessel Attack

Oilprice.com · 1h ago

Strait of Hormuz Shipping Slows After Vessel Attack

Commodity vessel traffic at the Strait of Hormuz further slowed on Wednesday as operators continue to avoid the area amid heightened security concerns and uncertainties about how far Iran’s control could extend. As of early Wednesday, ship-tracking data on Kpler showed that just six commodity vessels transited the Strait of Hormuz on Tuesday, Reuters reports. The tanker traffic fell from nine crossings on Monday and was below the 10-day average of 11 commodity ships moving in or out of the Persian Gulf via the Strait of Hormuz. One empty…

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