Tanker traffic through Strait of Hormuz drops to two-month low

AI Summary

Tanker traffic through the Strait of Hormuz has dropped to a two-month low amid renewed US-Iran military clashes and attacks on vessels, raising safety concerns. This decrease in oil and gas tanker movement highlights regional security tensions impacting shipping routes.

The number of tankers moving through the Strait of Hormuz dropped on Monday to its lowest level in two months, according to shipping data, as renewed military strikes between the U.S. and Iran and attacks on vessels raised safety concerns. Oil and gas tanker traffic fell to its lowest level since May 25, based on ...