Shipping traffic in the Strait of Hormuz is significantly low, with only seven vessels crossing in 24 hours as US-Iran negotiations stall.
Shipping traffic through the Strait of Hormuz remains far below normal levels, with only seven vessels crossing in 24 hours as negotiations between Iran and the United States show no progress, reports Reuters.
Ship tracking data from Kpler and satellite analysis by SynMax showed mainly dry bulk vessels departing Iraqi ports, alongside one vessel from Iran. Activity continues to represent a fraction of the average 140 daily passages before the Iran war began on February 28.
The US Central Command stated it redirected 37 vessels since imposing a blockade on Iran on April 13. Six Iranian tankers returned to domestic ports before sailing back through Hormuz with about 10.5 million barrels of oil.
Satellite analysis from TankerTrackers.com indicated that around four million barrels of Iranian oil passed through the US blockade on April 24. Despite limited movements, overall traffic remains muted under the uneasy ceasefire.
