Strait of Hormuz Shipping Traffic Falls Further as Saudi Oil Flows Rise

Commodity vessels traversing the Strait of Hormuz declined further, with just a dozen commodity vessels in total making the passage this weekend, Reuters has reported. This compares to 35 tankers and other commodity carriers passing the chokepoint a week earlier. The data includes only tankers that move with their transponders switched on. Many choose to turn these off to avoid detection, and not all ship-trackers include them in the tally. An earlier report from Reuters cited Kpler data as showing only four tankers passing the Strait of Hormuz…