Only two tankers crossed Hormuz

Only two tankers crossed the Strait of Hormuz on Monday, CNN reported. According to available data, this event was rare, as Iran stated that only a limited number of oil-carrying vessels had passed through the strait in recent months. A British official noted that restrictions on vessel passage in the Strait of Hormuz continue to affect global oil supply chains. Meanwhile, representatives from Russia and the UAE expressed their concerns about how regional instability could impact the global energy market.

Context

The Strait of Hormuz ends at the border between Iran and Oman and is a strategically important transport route for the global oil industry. In recent years, restrictions on vessel passage in the region have increased, drawing attention from global players.