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The number of ships passing through the Strait of Hormuz has risen to the highest level since early March.
Golden Finance reports that on April 6, according to foreign media, traffic through the Strait of Hormuz has risen to the highest level since the beginning of the Middle East war, as more countries have reached security passage agreements with Iran. Over the weekend, a total of 21 ships passed through the waterway, which is the highest two-day total since traffic began to decline in early March. Although the current number of ships transiting remains far below pre-war levels (about 135 ships), more countries have already obtained clearance. A senior crude oil analyst at Singapore’s Kpler said: “While Iran is responding to requests from its partner countries, it is also strengthening its control over Hormuz. Passage still depends on Iran’s willingness, and if the conflict escalates, the situation could change at any moment.” So far, most of the ships granted permission appear to be following the routes instructed by Tehran, sailing close to Iran’s coastline. However, more ships have also started choosing to travel along routes off the opposite side. (Gold Ten)