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Vessel traffic through Hormuz dwindles this week as markets watch Iran-Oman talks
Shipping traffic through the Strait of Hormuz has significantly decreased this week. Markets are closely watching Iran and Oman talks for waterway reopening signs. Several Chinese and Indian refiners seek discounted crude oil from Iraq. However, shipowners remain wary of entering the waterway due to risks. Meanwhile, traffic through the Bab el-Mandeb strait on the Red Sea has increased.
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timesofoman.com
Hormuz vessel traffic remains subdued despite renewed diplomacy; security incidents keep shipping under pressure: S&P Global
Vessel traffic through the Strait of Hormuz remained subdued over the weekend despite renewed diplomatic efforts to ease tensions in the Gulf,
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tass.com
Strait of Hormuz transit remains low amid US-Iran talks — Reuters
According to analysts, only three tankers and three bulk carriers passed through the strait over the past 24 hours
