Analysts from ship-tracking firm Kpler and trade body Intertanko state that the threat to oil tankers in the Middle East has reached its worst point since the Iran war started, due to a surge in attacks on alternative Red Sea shipping routes by Yemen's Houthi fighters targeting Saudi tankers, compounding existing disruptions in the Strait of Hormuz. Kpler data shows Strait of Hormuz traffic significantly reduced from over 100 vessels per day pre-war to 8 on Sunday and 11 on Saturday, while crude oil exports to Asia via the Red Sea have dropped to about four per day, the lowest since the war began. Despite US President Trump's recent announcement of talks with Iran regarding the Strait of Hormuz, Iran's foreign ministry spokesman stated no imminent deal would lift current restrictions. Brent crude fell 4.4% to $84.05 a barrel after Trump's comments, having earlier dropped as much as 7.3%