Tanker traffic through the Strait of Hormuz continues to decline amid new tensions in the Middle East, but more vessels are beginning to reconsider their routes:
Currently, oil prices have surged by 6%, with Brent futures trading at $78.58 and WTI futures at $74.76:
According to the latest data, six tankers have been observed either completing or starting to move toward the Strait of Hormuz, despite Iran attacking three vessels the day before:
A supertanker chartered by ExxonMobil, fully laden with 2 million barrels of crude, has transited the strait, but other tankers have exercised more caution:
Tanker owners are facing dilemmas about which route to take — the northern route, closer to the Iranian coast, or the southern route, which is thought to be safer:
Iranian attacks have raised the regional threat level.
