Tanker traffic slows in Strait of Hormuz after US and Iran clashes

AI Summary

Tanker traffic through the Strait of Hormuz has slowed following recent hostile exchanges between the U.S. and Iran, raising concerns about global oil supply stability and maritime security in the critical waterway.

By Ahmed Elimam and Eman Abouhassira DUBAI, July 10 (Reuters) - Daily tanker traffic in the Strait of Hormuz appeared to have slowed on Friday, after the U.S. and Iran exchanged hostilities this week and renewed their arguments over who was in control of passage through the critical waterway. The attacks renewed concerns about the recovery of global oil supplies and shipping, and highlighted the fragility of an interim truce while the U.S. and Iran hammer out a lasting agreement.