Hormuz ship traffic surged and then slowed after weekend attacks

Commercial ship traffic in the Strait of Hormuz jumped briefly over the weekend, then slowed again after several attacks on ships.

According to data from LSEG, at least 20 ships, from oil tankers to dry cargo and container ships, passed through the strait on Saturday.

Data showed that the large oil tanker FPMC C Lord crossed the strait loaded with 2 million barrels of Saudi crude oil on its way to Taiwan.

But traffic came to a halt on Sunday after attacks on commercial ships showed the security situation remained precarious.

Oil prices rose nearly 6% on Monday as traffic in the Bosphorus remained low. At least seven ships crossed the sea lane on Monday, a slight increase.

Iran declared the strait open to commercial ships on Friday in response to a US-brokered ceasefire in Lebanon. But Tehran said it was closing the sea route a day after President Donald Trump refused to lift the blockade of Iranian ports.

Iran’s Revolutionary Guard opened fire on a tanker on Saturday and an unknown projectile hit a container ship, according to incident reports from the UK Merchant Marine Operations Centre.

Apparently the ships were Indian. New Delhi He told Iran There was deep concern that two ships sailing under its own flag in the Bosphorus were attacked on Saturday.

The U.S. Navy opened fire on an Iranian cargo ship in the Gulf of Oman on Sunday, and Marines took control of the ship. Trump said the ship was trying to bypass the US naval blockade of Iran.