Strait crossings hit three week low
Strait of Hormuz traffic continued to weaken on 16 July, with confirmed crossings falling to eight, the lowest level in three weeks. Seven of the eight transits used the Iranian route, highlighting a growing concentration of movements through higher risk corridors as operators reassess security, crew safety and insurance exposure. Activity was evenly divided between low risk and sanctioned vessels, with no shadow fleet crossings recorded. A newly verified physical incident involving the tanker Belma and continued enforcement measures have added to market uncertainty. While regional mediation efforts remain under way, commercial shipping patterns suggest military developments are now shaping operational decisions more than diplomatic progress.
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