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Hormuz shipping traffic falls to single digits, data shows
- Reuters reported on Thursday that vessel transits through the Strait of Hormuz fell to single digits, with just seven ships crossing, well below the 10-day average of 14.
- Despite Iran claiming to have closed it, the U.S. previously reported a clandestine operation capable of moving 10 million barrels of oil daily through the Strait, asserting continued control.
- Brent crude neared $107 per barrel on Thursday, a 20 percent increase month-over-month, while diesel fuel reached $6 per gallon, straining operations for Home Run Inc.
- Parliament Speaker Mohammad Bagher Qalibaf warned that American oil and gas assets are exposed, stating on social media: "Strike our assets, and you get struck."
- Trump stated this week he is not seeking a deal, suggesting the conflict will end after the election despite earlier expectations of negotiated resolution.
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Shipping traffic through Strait of Hormuz falls to single digits, data shows
Vessel traffic in the Strait of Hormuz dropped significantly on Thursday. Two Panamax ships exited the strait, carrying fertilizer and sailing in ballast. Five vessels entered the strait, including cargo and petroleum product carriers. Iran-aligned Houthis seized control of Yemen's port city of Mocha. Commodity vessel traffic in the Bab el-Mandeb strait also saw a slight decrease.
·India
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Coverage Details
Total News Sources58
Leaning Left4Leaning Right10Center9Last UpdatedBias Distribution44% Right
Bias Distribution
- 44% of the sources lean Right
44% Right
L 17%
C 39%
R 44%
Factuality
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