Baghdad (IraqiNews.com) – Data from Kpler, a leading data platform that tracks commodity flows and maritime shipping, indicates a decline in shipping traffic through the Strait of Hormuz over the past week, with the number of vessels traversing this vital waterway remaining low.
13 oil tankers departed the Strait of Hormuz during the week that started on September 13, carrying a total of approximately 34 million barrels of crude oil.
Saudi Arabia accounted for approximately half of the exports, while Iraq contributed 35 percent of the total crude oil shipments that left the Strait of Hormuz that week.
Shipping traffic through the Strait of Hormuz remains significantly lower than pre-war levels; prior to the outbreak of the war on February 28, the vital waterway typically handled around 125 large commercial vessels daily.oil,
Over the weekend, 12 commodity vessels passed through the Strait of Hormuz, compared to 35 the previous weekend, amid ongoing tensions in the Gulf region and a disagreement between the United States and Iran.
Visible shipping traffic through the strait, which previously served as a conduit for one-fifth of the world’s oil and liquefied natural gas supplies, has decreased significantly. However, Middle Eastern producers continue to export oil on tankers with their transponders switched off.
