Hormuz Shipping Plummets After Tanker Attacks
Shipping through the Strait of Hormuz slowed significantly over the weekend following attacks on tankers. According to Kpler data, only five commodity vessels transited the strait on Saturday, compared to 31 in the previous weekend.
Among these ships was an empty Very Large Crude Carrier with its Automatic Identification System switched off and an Indian-flagged Very Large Gas Carrier that took the Iranian route. A small tanker laden with Iranian fuel oil exited the strait on Saturday.
The United Arab Emirates reported attacks on three vessels operated by Abu Dhabi National Oil Company last week, which may have contributed to the decline in shipping traffic. The United States stated it could maintain a naval blockade of Iran indefinitely, further exacerbating tensions.