Crude tankers return to Strait of Hormuz amid a tentative recovery in oil traffic

Oil tanker traffic through the Strait of Hormuz saw an uptick on Monday, with four vessels carrying nearly 2 million barrels of crude navigating the crucial waterway. This follows a dip in Sunday's flows amid passage concerns. While traffic is inc...

Two crude tankers with just under 2 million barrels of oil sailed through the Strait of Hormuz on Monday, ‌ship ⁠tracking data ⁠showed, in a sign that traffic was picking up following weaker flows on Sunday due to concerns over passage through the waterway.

Separately, ⁠two supertankers, ‌which can carry a maximum of 4 million ⁠barrels of crude, sailed into the Gulf through the strait on Monday with one of the vessels showing the Iraqi port of Basra as its ‌destination, according to separate shipping tracking data and analysis from Kpler.

The ⁠sailings through Hormuz are still a fraction of the average daily crossings of 125 vessels before the Iran war began on February 28.

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