Tanker traffic in the Strait of Hormuz has “basically stalled”

With the 60-day ceasefire between the United States and Iran at stake, the passage of tankers in the Strait of Hormuz has “basically stalled”. In a report on Wednesday, the head of geopolitics analysis, Jorge Leon, of the research institute Rystad, wrote: “Today, access seems to have been completely disrupted”. He added that this “basic stagnation” “reflects current risk expectations better than any statement made in Washington or Tehran”. According to Kpper, only four tankers have passed through the Strait so far today. According to Kpper Senior Petroleum Analyst Naveen Das, the average number of tankers adopted daily is about 32 since the 60-day ceasefire agreement between the United States and Iran was reached on 17 June. This figure is almost three times the average daily traffic between the outbreak of the conflict (February) and the 17 June agreement, although still well below pre-war levels. (CNN)