The number of vessels crossing the Strait of Hormuz on Thursday fell by half compared with the previous day. Only seven vessels carrying commodities passed through the waterway amid growing concerns over risks to shipping in the Middle East, Reuters reported, citing analytics firm Kpler.
According to the analysts, four vessels entered the strait and three exited it. None were large oil or liquefied natural gas tankers, although a very large gas carrier transporting propane and butane passed through the strait along the Iranian route.
The current situation surrounding the Strait of Hormuz has further dampened optimism that an agreement can be reached on fully reopening the waterway. The price of Brent crude oil futures with October delivery on London’s ICE exchange rose above $94 per barrel for the first time since July 24 of this year, according to trading data.
