business π’ Hormuz tanker traffic stays low despite peace talk buzz π’
Only five tankers moved through the Strait of Hormuz yesterday, with three going in and two coming out. This activity was reported by Reuters, citing data from Kpler. Since the US-Israeli war with Iran started at the end of February, traffic remains severely constrained despite peace reports. Three LNG tankers have been attacked in the waterway over the past month, including two Qatari vessels. Previously, the daily throughput averaged 130 to 140 vessels before the February 28th strikes.