Hormuz Tanker Traffic Recovers as Tensions Ease

Tanker traffic at the Strait of Hormuz rose over the past 24 hours for the first time since late last week, when two attacks on commercial vessels spooked many operators and forced others to wait for the easing of the tensions before moving to transit the chokepoint. A total of 24 commodity vessels, including tankers, LNG and LPG carriers and bulk carriers, transited the Strait of Hormuz inbound and outbound on Monday, according to Kpler’s ship-tracking data reviewed by Bloomberg. Still, total traffic at Hormuz remains 90% lower…