Shipping in the Strait of Hormuz remains stable despite uncertainty over US-Iran negotiations
Kyiv • UNN
Vessel traffic through the Strait of Hormuz and the Bab el-Mandeb Strait has not changed significantly, despite uncertainty surrounding possible talks between the US and Iran. According to Kpler, eight vessels passed through the Strait of Hormuz on Tuesday, and oil prices are reacting to statements about progress in Qatar's mediation.
Ship traffic through the Strait of Hormuz and the Bab-el-Mandeb Strait has not changed significantly, despite uncertainty over possible talks between the United States and Iran. Reuters reports this, citing data from vessel tracking services Kpler and LSEG, writes UNN.
Details
According to Kpler data, on Tuesday eight vessels passed through the Strait of Hormuz – five tankers and three dry cargo ships. The same figure was recorded the previous day. Six vessels entered the strait, and two left it – a tanker and a gas carrier.
Reuters notes that before the war between the United States and Iran, approximately 130–140 vessels passed through the Strait of Hormuz daily. After the conflict began, Iran closed this strategically important sea route.
Oil prices react to statements about negotiations
According to LSEG and Kpler data, the tanker Mubaraz, which carries liquefied natural gas from Das Island in the UAE, has been spotted again near the Strait of Hormuz. The vessel is heading to the Dahej terminal in India. This is already the tanker's third voyage since the start of the war.
Asian stocks set to rise, oil cheaper amid US-Iran talks05.08.26, 06:17 • 2600 views
No significant changes have been recorded in the Bab-el-Mandeb Strait either. Over the past day, 20 vessels crossed it – ten in each direction.
As Reuters notes, Qatar has reported progress in mediation efforts to end the war between the United States and Iran. Against this backdrop, global oil prices are falling. At the same time, Tehran has denied US President Donald Trump's statement that negotiations between the parties are already underway.