Another Tanker Struck as Hormuz Shipping Crisis Deepens
Yet another tanker has been struck by a projectile in the Strait of Hormuz, the UK Maritime Trade Operations said today, as quoted by DPA. The report follows earlier attacks that continue despite efforts on the part of Pakistan and other interested parties in the region to bring Iran and the United States to the negotiating table and end the shipping disruption in the chokepoint. So far, there is…
Another tanker was struck in the Strait of Hormuz, deepening the ongoing shipping crisis, according to the UK Maritime Trade Operations. Despite efforts by Pakistan and other regional parties to negotiate between Iran and the United States, the attacks persist, with no apparent progress. At least one tanker has been hit in the past week, with one reported on Tuesday and another on Monday.
The latest strike involved an Aframax tanker loaded with 704,000 barrels of jet fuel, which made it to Fujairah after being attacked off the coast of Oman. Vessel traffic in the Strait of Hormuz remains significantly below average, with only five commodity vessels moving in either direction on Tuesday, compared to the 10-day average of 15 ships.
The number of tankers is also low, with only 11 inbound and six outbound crossings reported as of Wednesday, with six tankers in total. China is the primary destination for the majority of oil exports from the Strait of Hormuz, accounting for 65% of the traffic. Pre-war levels of tanker traffic in the region are a small fraction of the current levels.
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