Print

Shipping slows after Iran says it has again shut the Strait of Hormuz

The number of ships that passed through the Strait of Hormuz fell sharply on Sunday after Iran announced it had again closed the waterway, citing Israeli and U.S. violations of the interim peace deal, shipping data showed.

Five vessels passed the strait on Sunday, from 26 ships spotted a day earlier, data from analytics firm Kpler showed. These included three Very Large Crude Carriers carrying 2 million barrels of Saudi crude and fuel oil each, one of which was heading to Japan. The data may exclude vessels that switch off their transponders while travelling in the Gulf.

Iran lifted its effective blockade of the strait last week after agreeing with the United States to extend an April ceasefire for 60 days to allow for peace negotiations, but Tehran’s Islamic Revolutionary Guard Corps on Saturday declared the waterway shut once again in response to Israeli strikes in Lebanon. The U.S. military said commercial vessels were still operating.

Among the ships that exited the strait on Saturday, three of them were VLCCs carrying crude from the United Arab Emirates, Kuwait and Iraq while there were also three tankers carrying various oil products, the data showed.

A total of 13 ships entered the strait on Saturday, including two VLCCs, the data showed.

Gulf producers Abu Dhabi National Oil Co and Kuwait Petroleum Corp have issued tenders selling crude with the option of loading from inside and outside the Strait of Hormuz.

(Reuters)

RELATED ARTICLES

9 mins ago | Ambassador Abhay Kumar

Embassy of India Celebrates Shared Cultural Heritage between India and Azerbaijan through Art and Literature

The Embassy of India in Azerbaijan organised a special painting exhibition titled “One Friendship, Two Countries: India and Azerbaijan” and a reading session from the Indian classic Panchatantra at the Chancery premises in Baku on November 1, cel...

36 mins ago | Artificial intelligence

Seminar on Cyber-Enabled Cognitive Warfare Begins in New Delhi to Discuss Emerging Security Challenges

A two-day seminar on “Cyber-Enabled Cognitive Warfare”, organised by the Centre for Joint Warfare Studies (CENJOWS) under the aegis of Headquarters Integrated Defence Staff (HQ IDS), commenced in New Delhi on November 02, bringing together milita...

2 hours ago | Donald Trump

US voters in a sour economic mood heading into midterm elections

On the eve of elections that will decide whether President Donald Trump's Republican Party keeps control of Congress, voters' minds are on the economy, with high and rising prices a key issue and many blaming his policies, specifically tariffs and th...