Bab el-Mandeb shipping rises amid hopes of resolution in US-Iran war

AI Summary

Shipping traffic through the Bab el-Mandeb increased to a four-day high of 28 vessels amid hopes for a resolution to the ongoing US-Iran conflict. Meanwhile, traffic through the Strait of Hormuz remains low, reflecting ongoing regional tensions.

NEW DELHI, July 28 - The number of vessels passing through Bab el-Mandeb rose to 28 on Monday, a four-day high, while traffic through the Strait of Hormuz remained low, according to Kpler shipping data, amid optimism about a potential resolution to the U.S.-Iran conflict.