World News
Strait of Hormuz shipping falls to five-week low amid US-Iran tensions
The number of vessels transiting the Strait of Hormuz fell to a five-week low on Sunday, shipping data showed, as renewed US-Iran hostilities and attacks on vessels in the Middle East heightened security concerns.
Six vessels transited the strait on Sunday, according to ship-tracking data from Kpler.
Among those leaving the strait were the Very Large Crude Carrier Humanity, carrying 2 million barrels of Iranian oil, and the tanker Capetan Andreas, transporting about 500,000 barrels of Kuwaiti oil products. Three empty tankers entered the Gulf to load crude, while most vessels switched off their transponders while crossing the strait, the data showed.
No liquefied natural gas tankers were visible entering the strait over the weekend, according to the ship-tracking data.
Kpler data also showed that only one tanker operated by Abu Dhabi National Oil Co. exited the strait between July 10 and July 12. The vessel is bound for Dahej port in India.
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