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Hormuz Strait Ship Traffic Reaches Highest Level Since Early March

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Foreign media reported Thursday (April 6) that shipping traffic in the Strait of Hormuz has hit its highest level since the early days of the Middle East conflict, as more countries have inked security passage deals with Iran. Twenty-one vessels transited the waterway over the weekend—marking the highest two-day total since traffic started dropping in early March. While current volumes remain well below pre-conflict levels (around 135 vessels), more nations have received passage clearances. A senior crude oil analyst at Singapore-based Kpler noted: “While Iran is accommodating requests from partner nations, it’s also tightening its grip on the Strait of Hormuz. Transit still hinges on Iran’s willingness—and if the conflict escalates, the situation could shift at any moment.” So far, most approved vessels appear to be sticking to the route Tehran has indicated, sailing near Iran’s coast. Still, more vessels are starting to opt for the opposite coast. (FX168)
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