Oil tankers exit Strait of Hormuz despite Iran threats
Key takeaways
- Confirmed strait crossings rose to 70 on Thursday, an increase of 105 percent relative to a day prior, according to data and analytics firm Kpler.
- International Maritime Organization (IMO) launched an operation to evacuate more than 11,000 seafarers from the strait, a critical choke point through which roughly 20 percent of the world s oil flows.
- Under the plan, ships can pass through the waterway using two routes — a northern route close to the Iranian coastline and a southern route through the waters of Oman and the United Arab Emirates.
Why this matters: political developments that affect policy direction and public trust.
Confirmed strait crossings rose to 70 on Thursday, an increase of 105 percent relative to a day prior, according to data and analytics firm Kpler. Commercial vessels accounted for 53 of those transits, with the firm noting low-risk ships dominated the day s profile.
Earlier this week, the U.N. International Maritime Organization (IMO) launched an operation to evacuate more than 11,000 seafarers from the strait, a critical choke point through which roughly 20 percent of the world s oil flows.
Under the plan, ships can pass through the waterway using two routes — a northern route close to the Iranian coastline and a southern route through the waters of Oman and the United Arab Emirates.