Hormuz Traffic Rises to Highest in Weeks [View all]
Last edited Mon Apr 6, 2026, 03:12 PM - Edit history (1)
Source: Bloomberg
(Bloomberg) -- Traffic through the Strait of Hormuz has climbed to its highest levels since the early days of the war, as more countries secure apparent safe-passage agreements with Iran.
The waterway saw 21 ships transit over the weekend as more energy-starved governments negotiate to extract vessels, cargoes and crews from the Persian Gulf, strengthening Tehrans grip on the waterway. Thats the highest two-day total since the first days of March, when traffic was winding down.
Iranian vessels continue to dominate traffic, but on Sunday a tanker carrying Iraqi crude made its way through the strait, after Iran said it would grant an exemption to brotherly Iraq. India which has negotiated the exit of some ships and even taken Iranian liquefied petroleum gas for the first time in years has now seen eight of its LPG tankers come through.
Though the number of vessels is still a fraction of what it was before the war, when about 135 vessels were passing regularly each day, more countries are securing transits. Last week, two China-linked container ships made the crossing on a second attempt. Two Japan-linked vessels have also passed.
Read more: https://finance.yahoo.com/sectors/energy/articles/hormuz-traffic-rises-highest-weeks-102027155.html
Everyone but us.