The Straits Times
The Straits Times
AsiaPac · 5 hrs ago

Hormuz tanker crossings slip to lowest in more than two months, data shows

SINGAPORE – The number of tankers crossing the Strait of Hormuz fell to just one on July 23, the lowest level since May 7, according to shiptracking data, amid ongoing shipping risks in the Middle East and as oil prices surged back to US$100 a barrel.Only one tanker crossed the Strait of Hormuz on July 23, compared with three the day earlier, data from analytics firm Kpler showed.Very large crude carrier New Giant, loaded with 2 million barrels of Iraqi Basrah crude, exited the strait on Thursday and is due to arrive at China’s Rizhao port by mid-August.No ships entered the Strait of Hormuz on July 23.The US military said late on July 23 that it had completed a 13th consecutive night of strikes on Iran.Meanwhile, at the Bab el-Mandeb strait, commodity tanker crossings totalled 32 on July 2
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