Hormuz Is Almost Frozen: only Four Ships Were Able to Pass Through the Strait in 24 Hours
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9 Articles
In 24 hours, only four ships passed through the Strait of Ormuz, which is about 3% of the normal flow of large commercial ships; the route is not formally closed, but for the market it already works as an area where each flight requires a separate solution, some from the United States and others from Iran.
Hormuz is almost frozen: only four ships were able to pass through the strait in 24 hours
Only four ships passed through the Strait of Hormuz in the past 24 hours. This is a mere 3% of the usual volume of large commercial vessels.The route isn't formally closed, but for the market, it already functions as a zone where each flight...
Reuters reported a decrease in ship traffic in the Strait of Hormuz due to ongoing tensions.
Through the Strait of Ormuz in 24 hours, only four cargo ships crossed the pre-war 125 a day, traffic through one of the world ' s main oil routes was drastically reduced in the face of attacks and rising tensions in the region, and the market is already responding: Brent has risen above $107 per barrel and traders are afraid of new disruptions.
Shipping traffic in the Strait of Hormuz has fallen again as attacks in the Middle East have intensified, according to available maritime transport data. Specifically, just four commercial ships crossed the Strait of Hormuz on Monday, compared to 10 the previous day, according to preliminary data from Kpler. The data does not include some ships …
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