Hormuz shipping traffic capped amid competing claims from US and Iran

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Shipping traffic at the Strait of Hormuz fell below the month average towards the end of the week due to volatile sentiment between the United States and Iran, with both countries making competing claims over its control, Reuters reports.

A total of nine vessels transited the strait on Thursday, up from five the previous day, according to Kpler data.

The nine vessels included five entries heading into the Gulf and four exits into the Gulf of Oman, mostly via the Iranian shipping route. Shipping risk persisted.

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