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Strait of Hormuz crossings drop to three-week low as security fears maim shipping

Vessel traffic through the Strait of Hormuz, the narrow waterway that carries more than 20 percent of global oil and gas trade, fell to eight on July 16, the lowest level in three weeks, according to maritime intelligence firm Kpler.

The decline from 15 confirmed crossings a day based on MarineTraffic vessel-tracking data earlier suggests commercial operators remain cautious despite ongoing diplomatic efforts to ease tensions in the Gulf, with military developments continuing to shape routing decisions across one of the world’s busiest maritime chokepoints.

Kpler reported that seven of the eight vessels transited via the Iranian route. Activity was evenly divided between low-risk and sanctioned vessels, while no shadow fleet crossings were recorded. Commercial and non-commercial movements were also evenly split, with west-east traffic dominating the day’s transits. Half of all vessels crossing were Iranian-flagged.

Kpler said three laden voyages carrying dual-purpose petroleum products (DPP) and liquefied petroleum gas

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