Commercial shipping through the Strait of Hormuz dwindled to only a few mostly Iran-linked vessels crossing on Wednesday, underscoring the stop-start nature of traffic through the world’s most vital energy chokepoint.
A vessel is anchored off the coast of Sharjah in the United Arab Emirates on May 21.
OPEC crude output fell last month, hitting its lowest level in decades as the US blockade of Iran and disruption in the Persian Gulf continued to curb production.
An Organization of the Petroleum Exporting Countries oil drum.
Commercial shipping through the Strait of Hormuz gained modest momentum over the past 24 hours as at least two non-Iranian supertankers exited the Persian Gulf, the latest mini-flurry in energy flows transiting the vital waterway.
Vessels off the coast of Sharjah in the United Arab Emirates on May 21. Source: AFP/Getty Images
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