BlockBeats message, April 6, according to reports by foreign media, traffic through the Strait of Hormuz has risen to its highest level since the start of the Middle East war, as more countries have reached security transit agreements with Iran. Over the weekend, 21 vessels transited the waterway, the highest two-day total since transits began declining in early March. Although the current number of passing vessels is still far lower than pre-war levels (about 135 vessels), more countries have already obtained transit approval.
A senior crude oil analyst at Singapore’s Kpler said, “While Iran is responding to requests from its partner countries, it is also tightening its control over Hormuz. Transit still depends on Iran’s willingness, and if the conflict escalates, the situation could change at any time.” As of now, most of the vessels granted approval appear to be following the routes directed by Tehran, staying close to Iran’s coast. However, more vessels are also starting to choose routes along the opposite shore. (Jin10)