Shipping traffic at the Strait of Hormuz rose slightly even as a standoff persisted between the US and Iran, data showed on Thursday, while the market monitored Iran-Oman talks about the waterway.
Visible commodity vessel transits at Hormuz totalled 10 on Wednesday, up slightly from eight on Tuesday, data from Kpler showed. This was below a 10-day moving average of about 15 vessels.
Two medium-range fuel tankers, a liquefied petroleum gas carrier, a Panamax-sized tanker, and three Handymax-sized tankers entered the strait from the Gulf of Oman. A medium-range fuel tanker, a bitumen tanker and a bulk carrier exited the waterway from the Persian Gulf.
Iran and Oman are still working on the details of an agreement on the Strait of Hormuz, a senior Iranian source said on Wednesday, after Iran’s Revolutionary Guards said the two countries had agreed how to share the waterway and its revenue.