Strait of Hormuz Traffic Rises in Strait as Qatar and Oman Push for Shipping Deal

oilprice.com

Commodity vessel traffic through the Strait of Hormuz rose slightly over the past 24 hours amid diplomatic efforts to discuss temporary corridors or a tentative reopening of the key oil chokepoint. Ten commodity vessels made the transit on Wednesday, up from eight on Tuesday, according to Kpler data cited by Reuters. The Wednesday tally still lags the 10-day average of 15 vessels, with two fuel tankers among the inbound ships. Qatar's Prime Minister is visiting Tehran to discuss reopening the Strait, though no details were made public. Another tanker was struck by a projectile in recent hours, and oil prices fell on hopes of a diplomatic breakthrough.


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