Hormuz oil transits continue though attacks make owners wary
Vessel traffic through the Strait of Hormuz saw a dip as some shipping companies expressed reduced confidence following weekend attacks on two vessels. While US-assisted navigation continues, a Saudi supertanker and other carriers were tracked with transponders off, suggesting a cautious approach. The situation highlights the critical role of tanker company risk assessment in stabilizing the global oil market amidst ongoing peace talks.
