The daily passage of vessels in the Strait of Hormuz has reached its lowest level in the last two months

The daily passage of vessels in the Strait of Hormuz has reached its lowest level in the last two months

Following the escalation in attacks on oil tankers in the waterways of the Persian Gulf, the number of commercial vessels passing through the Strait of Hormuz dropped to the lowest level in the last two months.

According to the Kepler Institute for Energy Data Analysis report, only 7 ships carrying goods and fuel passed through the Strait of Hormuz on Tuesday, which is the lowest daily traffic since July 23.

Kepler analysts reported that the volume of crude oil passing through this waterway decreased by 27% compared to the previous week, to 10.1 million barrels per day. This figure is equivalent to 74% of the volume of oil transit in the period before the beginning of the military conflicts.

However, the increase in exports from ports outside the Strait of Hormuz, especially the coasts of the Oman and Red Seas, which reached 6.7 million barrels per day (more than double the pre-war level), somewhat prevented a serious disruption in the global oil supply.