Updated
Updated · Bloomberg · May 16
Hormuz Commercial Transits Drop to 5 Ships, Rebounding to 6 Saturday
Updated
Updated · Bloomberg · May 16

Hormuz Commercial Transits Drop to 5 Ships, Rebounding to 6 Saturday

5 articles · Updated · Bloomberg · May 16
  • Five commercial ships were observed transiting the Strait of Hormuz in both directions on Friday, down from 11 a day earlier, according to Bloomberg vessel-tracking data.
  • Six ships were seen moving through the waterway by Saturday morning, indicating only a modest recovery after the sharp one-day drop in visible traffic.
  • A Suezmax tanker identified as carrying Iraqi crude appears to have crossed the strait in recent days and is now nearing India, showing some oil cargoes are still moving through the route.
  • The figures track observable commercial movements through one of the world's most important oil chokepoints, where even small changes in traffic are closely watched.
Is Iraq's pipeline revival the start of a permanent shift away from the vulnerable Strait of Hormuz for oil exports?
Will Iran's new 'passage tax' at the Strait of Hormuz permanently alter global oil routes and maritime law?
As chokepoints become weapons, what technologies can build a truly crisis-proof global supply chain?