4 hrs ago

Hormuz Traffic Falls; Tanker Attacks Rise, Houthis Claim Riyadh Strike

Fewer ships than usual are passing through the Strait of Hormuz.

The number fell after attacks on tankers increased.

Kpler counted seven commodity ships crossing on Tuesday, though another data service counted eight vessels.

Oil exports from other nearby routes increased and helped make up for the lower flow through Hormuz.

A tanker was hit north of Qatar, and casualties were reported.

Yemen's Houthi group said it fired a missile at an airport in Riyadh.

Saudi Arabia had said an earlier attack on the airport killed one person.

It had not immediately confirmed the Houthis' latest claim.

Key facts

Hormuz crossings Tuesday: Kpler counted seven commodity vessels, the lowest figure since July 23; LSEG counted eight vessels.
Crude through Hormuz: At least 10.1 million barrels per day, down 27% from the previous week's wartime high and 74% of the pre-war level.
Alternative-route exports: Exports from the Gulf of Oman coast and the Red Sea rose to 6.7 million barrels per day.
Overall Middle East crude exports: Analysts said they remained at the pre-war level.
Tanker incident: Projectiles struck a tanker 51 nautical miles north of Madinat ash Shamal, Qatar, on Wednesday; casualties were reported.
Riyadh airport claim: The Houthis said on Thursday they attacked King Khalid International Airport with a ballistic missile; Saudi Arabia had not immediately confirmed the latest claim.
Pre-war vessel traffic: About 125 large commercial vessels crossed the strait per day before the Iran war began on February 28.

telegraphindia.com · 4 hrs ago