World

Hormuz Transits Hold Near Record Lows as Owners Stay Out

Commodity transits through the Strait of Hormuz totaled nine vessels on Wednesday, unchanged from Tuesday, according to Kpler ship-tracking data reported by Reuters. [1] The paper's Wednesday lead recorded that Trump still called the strait open while Kpler counted ten crossings and a crew member lay dead in Omani waters. Thursday adds arithmetic instead of adjectives: single digits, again.

The second gate is slowing too. Bab el-Mandeb carried 27 commodity vessels Wednesday, down from 32 the day before. [1] Lloyd's List Intelligence counted 73 transits for the week of August 10 through 16, down from 91 the prior week. [3] Before the war, the same water moved about 21.6 million barrels of oil a day; spring flows ran at 4.9 million. [2]

The dispute over adjectives is unchanged. Trump says no talks are underway and the water is open. Iran says the strait remains shut. [1] Neither claim survives contact with the booking sheets. Some owners may be crossing with transponders dark, which no count captures, but a corridor that runs on AIS silence is not a reopened artery — it is a military escort operation with paperwork nobody publishes.

The standing position holds one more day: presidents announce openings, insurers price risk, and hulls go where neither press release can send them. Nine ships a day is not traffic. It is residue. [1][3]

-- DARA OSEI, London

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