Strait of Hormuz Tanker Traffic Hits Virtual Standstill Amid Ceasefire Talks
2026-07-08 21:52

Woofun AI reports that oil tanker traffic through the Strait of Hormuz has reached a "virtual standstill" as the 60-day ceasefire between the United States and Iran nears expiration. Jorge Leon, Geopolitical Analysis Director at Rystad, noted that transit appears completely interrupted, reflecting current risk appetite more than official statements.

Only four oil tankers have transited the strait today. Naveen Das, Senior Oil Analyst at Kpler, highlighted that since the June 17 ceasefire agreement, the daily average was approximately 32 tankers. This figure is nearly triple the average during the conflict escalation period from February to mid-June, though it remains significantly below pre-war levels.

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Jorge Leon
Naveen Das
Rystad
Kpler
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