Hormuz tanker transits drop to single digits amid crisis
after close1 source ↓written by the desknot a recommendation
- now stands
- 10-day average
- now stands
- 18
Only nine tankers transited the Strait of Hormuz on Thursday, a significant decline from previous averages. The 10-day average now stands at 18, reflecting heightened caution among owners due to escalating regional tensions. This decrease may impact crude oil supply dynamics and pricing in the near term. ⚓️
• Nine tankers included one very large crude carrier and several smaller vessels.
• Five tankers entered the strait on Wednesday, indicating fluctuating traffic amid ongoing geopolitical risks.
Not investment advice. For informational purposes only.