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Despite signs that Iran and Oman are about to reach a navigation agreement, traffic conditions through the Strait of Hormuz deteriorated further over the weekend, according to Kpler data. The number of confirmed crossings dropped from 15 on Friday to 11 on Saturday and just 6 on Sunday. This disruption remains critical to the energy market, as about one-fifth of the world's crude oil usually goes through this strategic route.

Zhitongcaijing·08/10/2026 13:17:28
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Despite signs that Iran and Oman are about to reach a navigation agreement, traffic conditions through the Strait of Hormuz deteriorated further over the weekend, according to Kpler data. The number of confirmed crossings dropped from 15 on Friday to 11 on Saturday and just 6 on Sunday. This disruption remains critical to the energy market, as about one-fifth of the world's crude oil usually goes through this strategic route.