Oil tanker traffic through Hormuz at near standstill as attacks strain Iran truce

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Oil tanker traffic through Hormuz at near standstill as attacks strain Iran truce

AI Summary

Oil tanker traffic through the Strait of Hormuz nearly halted due to increased shipping risks after renewed U.S. airstrikes on Iran and retaliatory actions by Tehran. Only two tankers, including one under U.S. sanctions, passed early Thursday, reflecting rising regional tensions impacting maritime oil transport.

By Jonathan Saul LONDON, July 9 (Reuters) - Oil tanker traffic through the Strait of Hormuz was at a near standstill on Thursday, according to data and sources, as shipping risks escalated after the U.S. renewed airstrikes on Iran, triggering retaliation by Tehran in the Gulf. Just two tankers had so far sailed through the strait in the early hours of Thursday. They included the crude supertanker Berg 1, which had loaded at Iran's Kharg Island and is subject to U.S. sanctions, according to analysis from Kpler.

World Security Politics Markets Commodities Energy Shipping Strait of Hormuz oil tanker U.S. airstrikes Iran retaliation shipping risk sanctions oil transport

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