Shipping Traffic in Strait of Hormuz Picks Up Again
Key Points:
- Traffic through the Strait of Hormuz increased to 40 ships on Monday, recovering from a weekend slowdown caused by recent strikes between Iran and the U.S.
- Ship movements rose after a cease-fire agreement and a 60-day negotiation period between the U.S. and Iran, with 76 vessels passing through last Wednesday, the highest since early March.
- Iran has effectively blockaded the waterway since late February, requiring ships to use a route near its coastline, while others use an alternate path near Oman, often escorted by the U.S. military.
- Ships on Monday were roughly evenly split between the Iranian and Omani routes, though many vessels turn off transponders, complicating accurate tracking of traffic patterns.
- U.S. and Iranian negotiators are set to meet in Qatar for new talks, but significant disagreements remain, particularly regarding Iran’s nuclear program.