HomeWorldAmericaGulf shipping traffic via Strait of Hormuz falls to six vessels

Gulf shipping traffic via Strait of Hormuz falls to six vessels

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By Mohi Narayan

NEW ‌DELHI, Aug 11 (Reuters) - Shipping traffic through the ​Strait of Hormuz fell to six on Monday, compared with a ⁠10-day average of about 11 vessels, shipping data showed, amid fading hopes of a peace deal between the ​U.S. and Iran.

Four commodity vessels, including two empty oil product tankers, ‌entered the waterway, data from Kpler showed on Tuesday as of 0420 GMT. Two vessels  — a small tanker laden with ⁠liquefied petroleum gas and another carrying residual ⁠fuels  — exited the Strait, the data showed.

In pre-war days, about 130 to 140 ships typically transited the strait.

On Monday, 25 vessels transited the Bab el-Mandeb strait on the ‌Red Sea, broadly unchanged when compared with the 10-day average ⁠of nearly 24 ships, Kpler data ‌showed.

U.S. President Donald Trump on Monday ​responded to Iran’s conditions for a peace deal by laying out his own demands that Iran pay compensation ‌for people killed in wars, attacks ​and protests.

The proposal was ⁠a response to Tehran's demands for compensation and ‌an end to sanctions. The ⁠Iranian demands were largely in line with the terms of a preliminary peace deal signed in June, which has ​since broken down.

Since the ‌war began in February, Trump has repeatedly swung between threats ⁠of escalation and assertions ​that a peace deal is close.

(Reporting by Mohi Narayan; ​Editing by Saad Sayeed)

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