Vessels trickle through Hormuz as Middle East conflict persists

INTELLIGENCE SUMMARY

SINGAPORE: A ​total of 17 commodity vessels transited the Strait of Hormuz on the weekend, down from 37 a week earlier, shipping data showed on Monday, as tension in the Gulf persisted with the US and Iran in stalemate. Visible traffic through the strait, the conduit for a fifth of the world’s oil and liquefied natural gas before the war, has dwindled to a trickle. However, Middle Eastern producers continue to export oil on tankers traveling with their transponders off. Among trackable ships, fi