Shipping traffic through the Strait of Hormuz fell sharply this week as markets monitored talks between Iran and Oman over reopening the strategic waterway, according to vessel-tracking data cited by Reuters.
On Thursday, four vessels passed through the strait, including the Nissos Kea, a crude carrier transporting about 2 million barrels of Basrah crude loaded in Iraq. The remaining vessels comprised two liquefied petroleum gas carriers and a bulk carrier.
Before Iran closed the Strait of Hormuz following the outbreak of the US-Israeli war on Feb. 28, about 130 to 140 vessels transited the passage daily.
Read more: Iran-Oman plan could reshape Strait of Hormuz shipping
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