Hormuz shipping traffic capped amid competing claims from US, Iran
SINGAPORE — Shipping traffic at the Strait of Hormuz fell below the month average toward the end of the week due to volatile sentiment between the United States and Iran, with both countries making competing claims over its control. The Strait of Hormuz is "under Iran's control and management," the recently appointed head of Iran's Basij paramilitary unit said on Thursday. Meanwhile, the United…
Shipping traffic through the Strait of Hormuz dropped below the monthly average towards the end of the week due to tense relations between the United States and Iran, with both nations claiming control over the vital waterway. The head of Iran's Basij paramilitary unit declared on Thursday that the strait was under Iran's control and management.
In contrast, the United States asserted on Thursday that it could sustain a naval blockade of Iran indefinitely and would intensify economic pressure on Tehran, citing failing ceasefire negotiations. While demand vessel transits at Hormuz increased marginally on Thursday, they remained below the daily average for August, according to Kpler data.
On Thursday, a total of nine vessels passed through the strait, up from five the previous day, as per Kpler data. The nine vessels comprised five entering the Gulf and four exiting into the Gulf of Oman, primarily via the Iranian shipping route. However, shipping risks persisted, as Abu Dhabi National Oil Company reported that two of its vessels were attacked while navigating the Strait of Hormuz.
Written by urgent.news from The Korea Times's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
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