Back to mobile site

Hormuz traffic slows after Iran threatens retaliation for US attacks

September 7, 2026 10:53 PM EDT

FILE PHOTO: A drone view shows vessels near the Strait of Hormuz, as seen from Musandam, Oman, August 28, 2026. REUTERS/Stringer/File Photo

SINGAPORE, Sept 8 (Reuters) - ‌Shipping ​traffic ​through the Strait of Hormuz slowed at the start of this ‌week, after Iran threatened on Monday ⁠to retaliate for any new U.S. attacks.

The number ‌of commodity vessels sailing ‌through the Strait of Hormuz totalled seven on Monday, compared with eight ​on the previous day, Kpler data showed on Tuesday.

Iran had warned that ⁠energy infrastructure across the Gulf, including U.S. oil and gas ​interests, was vulnerable.

Goldman Sachs also raised its Brent and West Texas ​Intermediate crude oil price ‌forecasts for December 2026 and 2027, as it expects shipping disruptions ⁠in the Middle East to persist into next year.

Traffic increased through the Bab el-Mandeb ⁠strait, however, another major waterway for commodity vessels.

A ​total of 29 commodity vessels passed through Bab el-Mandeb on Monday, up from 17 on ‌the previous day, Kpler data showed.

Some vessels may be sailing through ‌the two straits with their transponders ⁠off, which is ‌not considered in ​the counts.

(Reporting by Jeslyn Lerh; Editing by Christopher Cushing and Tom ‌Hogue)



Serious News for Serious Traders! Try StreetInsider.com Premium Free!

You May Also Be Interested In





Related Categories

Reuters

Related Entities

Goldman Sachs, Crude Oil