Hormuz transits at lowest in over two months after attacks

The number of vessels transiting the Strait of Hormuz fell to the lowest in more than two months after attacks on tankers in the key waterway reached their highest last week since the start of the US-Israeli war with Iran, shipping data showed.



Seven commodity vessels passed through the strait on Tuesday, for the lowest figure since July 23, data from analytics firm Kpler showed.



"Crude crossing the strait fell 27% from a wartime high the week before, to at least 10.1 million barrels a day," Kpler analysts Emmanuel Belostrino and Yui Torikata wrote in a note on October 6.



"That is back to its September average, but 74% of its pre-war level."



Most of the fall was in ship-to-ship (STS) transfers in the Gulf of Oman, where cargoes move between tankers, they added.



However, exports from the Gulf of Oman coast and the Red Sea rose to 6.7 million bpd, more than twice pre-war levels, analysts said, making up for lost supply from Hormuz.