Hormuz shipping traffic falls to one-week low amid hostilities

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The tally of vessels tracked in the Strait of Hormuz fell to a one-week low of eight on Tuesday, shipping data showed, as owners avoided the key waterway amid continued hostilities in the Middle East, Reuters reports.

The United States and Yemen’s Iran-aligned Houthis reported separate attacks as prospects appeared to dim for an end to the Iran war, with Tehran saying the strait would stay closed unless Washington accepted its conditions.

Tuesday’s tally of eight vessels fell below a 10-day average of about 12, for the lowest daily count since August 5, Kpler data showed. Only one, a coal carrier, exited the strait, while the rest were still making their way through.

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