Shipping traffic through Strait of Hormuz rises slightly, data shows

AI Summary

Shipping traffic through the Strait of Hormuz increased slightly to 10 vessel transits, amid ongoing geopolitical tensions between the United States and Iran. Talks between Iran and Oman regarding the waterway continue while traffic remains below the 10-day average.

SINGAPORE, Aug 27 (Reuters) - Shipping traffic at the Strait of Hormuz rose slightly even as a geopolitical standoff persisted between the United States and Iran, while the market also monitored Iran-Oman talks about the waterway, data showed on Thursday. Visible commodity vessel transits at Hormuz totalled 10 on Wednesday, up slightly from eight on Tuesday, data from Kpler showed. This remained below a 10-day moving average of about 15 vessels.