Two crude tankers with just under 2 million barrels of oil sailed through the Strait of Hormuz on Monday, ship tracking data showed, in a sign that traffic was picking up following weaker flows on Sunday due to concerns over passage through the waterway. Separately, two supertankers, which can carry a maximum of 4 million barrels of crude, sailed into the Gulf through the strait on Monday with one of the vessels showing the Iraqi port of Basra as its destination, according to separate shipping tracking data and analysis from Kpler. The sailings through Hormuz are still a fraction of the average daily crossings of 125 vessels before the Iran war began on February 28.
Crude tankers return to Strait of Hormuz amid a tentative recovery in oil traffic
Oil tanker traffic through the Strait of Hormuz saw an uptick on Monday, with four vessels carrying nearly 2 million barrels of crude navigating the crucial waterway. This follows a dip in Sunday's flows amid passage concerns. While traffic is increasing, it remains significantly below pre-war levels, indicating ongoing caution in the region.
TL;DRAI
Crude tankers resumed Hormuz transit Monday (2M barrels), signaling recovery—yet 95% below pre-conflict 125 daily vessels. Energy volatility through contested waterways poses direct capex risk for data center and cloud infrastructure budgets.
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