Strait of Hormuz sees traffic fall to single digits as peace hopes slip

Shipping traffic through the Strait of Hormuz fell to six on Monday, compared with a 10-day average of about 11 vessels, shipping data showed, amid fading hopes of a peace deal between the US and Iran.

Four commodity vessels, including two empty oil product tankers, entered the waterway, data from Kpler showed on Tuesday as of 04:20 GMT. Two vessels — a small tanker laden with liquefied petroleum gas and another carrying residual fuels — exited the strait, the data showed. In pre-war days, about 130 to 140 ships typically transited the strait.

On Monday, 25 vessels transited the Bab el-Mandeb strait on the Red Sea, broadly unchanged when compared with the 10-day average of nearly 24 ships, Kpler data showed.