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Argus Media·3 min read·medium

Hormuz traffic still low, Iran seeks concessions

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Argus Media
Hormuz traffic still low, Iran seeks concessions
✦AI Summary

Vessel traffic through the Strait of Hormuz remains at historically low levels as Iran demands significant concessions from the US for reopening. Despite conflicting reports on transit numbers, maritime authorities confirm that traffic is currently in the single digits.

Why it matters

The ongoing blockade of this critical maritime chokepoint threatens global energy supplies and escalates geopolitical tensions in the Middle East.

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Vessel traffic through the strait of Hormuz remained low on Monday while Iran demanded additional concessions from the US for the reopening of the narrow waterway, the date of which remains elusive.

Vessel traffic through the strait of Hormuz totaled 10 vessels on 10 August,split between seven inbound transits and three outbound transits, maritime security firm Windward said on Tuesday. These took place through the northern corridor with the exception of two vessels, one in either direction, that utilized the US-supported southern traffic lane. Total traffic through the strait on 10 August was at around 7pc of pre-war levels.

Vessel traffic through the strait of Hormuz edged up from a two-week low of seven crossings recorded on 9 August, according to Windward data.

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