Hormuz shipping traffic drops to single digits
Vessel transits at the Strait of Hormuz fell to seven on Thursday, remaining well below the ten-day average of fifteen. Meanwhile, QatarEnergy completed its first known LNG shipment since late July.
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Strait of Hormuz vessel transits plunged to seven on Thursday, down from 11 the previous day, as maritime traffic remained severely constrained. The traffic level sits well below the 10-day average of 15 transits. Before the conflict involving Iran began on February 28, the waterway typically handled 125 commercial vessels daily.
