Shipping traffic through Strait of Hormuz falls below 10-day average
Preliminary data shows only five commodity vessels transited the Strait of Hormuz on Tuesday, well below the 10-day average of 15 ships.
Preliminary data indicates a sharp decline in shipping traffic through the Strait of Hormuz, with only five commodity vessels transiting the waterway on a single day. This figure is significantly lower than the typical 10-day average of 15 ships. According to Reuters, the data, as of 04:08 GMT, revealed two liquefied petroleum gas carriers and one bitumen tanker exiting the strait, while two empty tankers entered it.
However, these numbers might change as some vessels often deactivate their transponders during transit. US Treasury Secretary Scott Bessent emphasized that the United States will hold accountable those who financially support the Iranian regime. Bessent stressed the importance of maintaining financial pressure on the remaining parts of Iran's economy, warning that Iran must not be permitted to disrupt international trade or use the Strait of Hormuz as leverage.
The Treasury Secretary reiterated ongoing efforts to safeguard the global financial system and counter threats from the Iranian regime.
Written by urgent.news from Ajel English's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
