Hormuz Tanker Traffic Slumps as U.S. and Iran Trade Threats

Tanker traffic via the Strait of Hormuz remained weak over the weekend, with fewer than 20 vessels traversing the chokepoint as Iran and the United States traded threats again. Some 13 tankers passed through the strait on Saturday, with only four making the journey on Sunday, Kpler data cited by Reuters showed.

That compares to 16 passing through the strait on Friday and one very large crude carrier exiting Hormuz on Thursday, the data also showed. Over the week to August 21, a total of 103 vessels entered the Strait of Hormuz while 89 exited it, according to data from the UK Maritime Trade Operations. Of that total, 45% were tankers, and of these, oil tankers accounted for 56%, the data showed.

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