Hormuz traffic collapses to 3 vessels/day, 80% below 10-day average
Only three commodity vessels transited the Strait of Hormuz in the past day, down from four the prior day and 80% below the 10-day average, per Kpler data. The collapse reflects continued shipping disruptions amid Middle East tensions, though markets weigh potential U.S.-Iran talks. If sustained, this threatens global oil supply flows and could tighten crude markets.
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Iran — 180 developments
Hormuz Shipping Traffic Collapses Amid Tensions, Tracking Gaps
Commodity vessel transits through the Strait of Hormuz have collapsed to 2-3 vessels/day, an 80% reduction from the 10-day average, per Kpler data. This severe disruption is attributed to ongoing Middle East tensions, though the true volume is uncertain due to potential transponder deactivation. The sustained reduction in traffic poses a significant threat to global oil supply flows.