Commodity vessel traffic through the Strait of Hormuz edged higher as Qatar and Oman pursued diplomatic efforts aimed at easing the shipping crisis.

Only two commodity tankers passed through the Strait of Hormuz on Monday, the lowest daily number recorded since early May, according to shipping data.

Shipping through the Strait of Hormuz remains sharply depressed as Iran and Oman discuss a temporary navigational corridor and mine-clearing plan, while Tehran says a broader…

Shipping traffic through the Strait of Hormuz increased to 10 vessels amid ongoing U.S.-Iran tensions and Iran-Oman negotiations.