Hormuz Vessel Traffic Plummets to 5

The Strait of Hormuz saw limited vessel traffic on Monday, with only five vessels passing through. This is below the 10-day average of around 14, according to preliminary data from Kpler.

The four vessels that entered the strait were dry bulk carriers, while one exited. None of the vessels were liquid tankers, and none were very large crude carriers or liquefied natural gas tankers. One of the vessels was an empty handy-sized gas tanker that entered via the Iranian route.

In a separate incident, a Saudi oil tanker was stopped while transiting through the southern corridor of the Strait of Hormuz, according to reports from Iranian media. Meanwhile, at the Bab-el-Mandeb Strait, vessel traffic reached a three-day high of 27 on Tuesday, with 14 entering and 13 exiting.

The data from Kpler showed that five vessels were either Aframax- or Suezmax-sized crude tankers, but none were very large crude carriers or liquefied natural gas tankers. This is the latest in a series of incidents affecting global oil supply chains.