Number of Vessels Passing Through the Strait of Hormuz Rises to Highest Level Since Early March
Svmuu News According to foreign media reports, traffic through the Strait of Hormuz has risen to its highest level since the early days of the Middle East conflict, as more countries have reached security transit agreements with Iran. A total of 21 vessels passed through the waterway over the weekend, marking the highest two-day total since traffic began declining in early March. Although the current number of transiting vessels remains significantly below pre-war levels (approximately 135), more countries have now obtained transit permits. A senior crude oil analyst at Singapore-based Kpler stated, "While responding to requests from its partner countries, Iran is also strengthening its control over the Strait of Hormuz. Transit remains dependent on Iran's will, and the situation could change at any time if the conflict escalates." So far, most vessels granted passage appear to be following routes designated by Tehran, sailing close to the Iranian coast. However, an increasing number of vessels are also beginning to choose routes along the opposite shore. (Jin10)
No AI analysis yet. Tap the "AI Analysis" button above to generate one now.
Source:Odaily · Source Link
Disclaimer: This content reflects only the author’s personal views and does not constitute any investment or financial advice. If you discover any content that violates regulations,Click to Report
24H Trending
-
1
Bitcoin rises above $77,000, bucking tech selloff driven by AI safety concerns and rising oil prices
-
2
Cosco Shipping Heavy Industry Completes China IPO Guidance Registration
-
3
Multiple wealth management companies in China have submitted applications for pension wealth management qualifications, signaling an expansion in product offerings.
-
4
Taiwan to open second quasi-diplomatic mission in the Philippines, sources say
-
5
Xi Pitches AI Vision as Silicon Valley Leaders Tap Brakes
-
6
Chinese AI firm Z.ai shares tumble over 10% after announcing $5 billion fundraising, its second major raise in two months
-
7
Samsung Display develops world's first 6.9-inch mobile OLED panel with 2K resolution, 165Hz refresh rate, and 30% lower power consumption
-
8
INX Token Trading Guide: Distinguishing Infinex and INX Limited Tokens and Trading Platforms
-
9
ATPAD (AtomPad) Project Status Analysis: An Inactive Cryptocurrency
-
10
The Current State of Virtual Currency Trading Platforms in Mainland China: Comprehensive Ban and Risk Warnings
Markets Today
Recommended Reading





