⚡️🇮🇷 — Strait of Hormuz Shipping Dwindles to a Trickle Amid Standoff While Saudi Oil Exports Pivot Back to Gulf Routes, — Reuters.

​➡️ Commercial maritime traffic through the Strait of Hormuz has plummeted to a fraction of its pre-war levels, with only a dozen commodity vessels transiting over the weekend compared to 35 the previous week, according to Kpler shipping data. While visible tracking shows minimal movement—such as four ships exiting and two small tankers entering on Sunday—major Middle Eastern producers continue moving petroleum via tankers operating with their transponders turned off. Before the U.S.-Israeli conflict with Iran began in February, the vital trade chokepoint routinely handled approximately 125 large commercial vessels daily.

​➡️ Despite disruptions following Houthi attacks on Saudi Arabia's East-West pipeline that halted some Red Sea shipments via Yanbu, overall Saudi oil exports have rebounded to over 4 million barrels per day in September. JPMorgan analysts noted that total regional oil flows remain resilient at 17.1 million bpd over the past ten days, driven by a sharp strategic pivot that saw Saudi crude moving through the Strait of Hormuz surge to an average of 2.9 million bpd.

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