Kpler
Coverage of Kpler in the Nexus archive.
- Iraq exported under a third of pre-war oil levels via Hormuz in July: monitor
Iraq exported less than a third of its pre-war oil levels through the Strait of Hormuz in July, according to maritime tracking firm Kpler. Pre-war exports averaged 105 million barrels per month, but only around 30 million barrels were recorded between 4 July and 4 August.
- Shipping traffic at key Gulf waterways little changed on uncertain peace talks
Shipping traffic through the Bab el-Mandeb and Strait of Hormuz remained stable at the start of the week, with 20 vessels passing through the Bab el-Mandeb strait, including 12 tankers and eight bulk carriers. The movement of vessels occurred amid ongoing uncertainty about peace talks between the United States and Iran.
- Shipping threats rise despite war lull, analysts warn
Oil prices fell as diplomatic efforts to end the US-Iran war and reopen the Strait of Hormuz stalled. Analysts warned that shipping threats have increased, with Houthi strikes and uncertainty over Tehran's approval of Oman's temporary shipping plan delaying normal flows.
- The Iran war already has a winner: The world’s largest shipbroker notching record earnings from the ‘exceptional volatility’ in the Strait of Hormuz
Clarkson, the world’s largest shipbroker, reported record earnings amid disruptions in the Strait of Hormuz caused by the Iran war. The company’s operating profit surged 55% to £64.8 million, driven by increased demand for supply chain adjustments and shipping route reconfigurations.
- Firms move in on Venezuelan oil seven months post Maduro removal
Foreign oil companies and investors are entering Venezuela seven months after the US removed then-President Nicolás Maduro, as new regulations allow private firms to operate oil fields directly. However, skepticism remains due to past expropriations and long timelines for new projects.
- Kpler says Hormuz traffic drops sharply, remains steady through Bab el-Mandeb
Shipping traffic through the Strait of Hormuz dropped 77% day-on-day to five vessels, all using the Iranian Unilateral Scheme, while Bab el-Mandeb maintained steady traffic with 47 crossings. The decline in Hormuz traffic reflects reduced operational confidence amid ongoing US-Iran tensions.
- Iran war shows China role in setting the price of oil
China's reduction in oil imports during the Iran war helped stabilize global oil prices, preventing severe spikes. By utilizing domestic reserves, coal, renewables, and electric vehicles, China mitigated economic impacts while acting as a 'shock absorber' for energy markets.
- US crude stockpiles are depleting rapidly
US crude stockpiles are rapidly depleting as refiners process 17 million barrels daily to meet export demand amid Middle East energy disruptions. Analysts warn this pace could undermine the US' role as a global energy supplier, with commercial stockpiles dropping by 7.2 million barrels.
- China crude imports tick up
China’s crude imports have increased slightly, driven by stranded cargoes clearing the Strait of Hormuz and higher Russian oil purchases. Analysts caution this rebound does not reflect stronger refinery demand, citing historical stock replenishment during low oil prices and ongoing electrification efforts reducing fuel consumption.
- Bab el-Mandeb shipping rises amid hopes of resolution in US-Iran war
The number of vessels passing through Bab el-Mandeb increased to 28, a four-day high, while traffic through the Strait of Hormuz remained low, according to Kpler shipping data. The rise comes amid optimism about a potential resolution to the U.S.-Iran conflict.
- Less than a dozen ships transited through Hormuz Strait over the weekend
Fewer than 10 commodity vessels transited the Strait of Hormuz daily over the weekend, with seven vessels on Sunday and three on Saturday. The reduction occurred despite a pause in strikes between Iran and the US, according to Reuters citing Kpler.
- Red Sea shipping slows after Houthi attack on Saudi Arabia, data shows
Ship traffic through Bab el-Mandeb decreased after Yemeni Houthis attacked Saudi oil installations along the Red Sea coast. Eleven commodity vessels passed through the strait on Sunday, the lowest level in months, while transit through the Strait of Hormuz remained low over the weekend.
- Kpler: Only six vessels cross Hormuz as traffic remains mixed
Maritime traffic through the Strait of Hormuz dropped by 60% to six vessels, with most using the Iranian Unilateral Scheme. Activity in the Bab al-Mandeb Strait increased to 49 crossings, including sanctioned and shadow fleet vessels. Some ships reversed course in the Gulf of Aden and Red Sea before resuming journeys, while others remained on hold.
- Mideast oil producers step up plans to bypass the Strait of Hormuz
Mideast oil producers are accelerating pipeline projects to bypass the Strait of Hormuz amid Iran's influence and rising oil prices. Seven major pipeline initiatives aim to redirect oil through the Red Sea, Suez Canal, and Gulf of Oman, with Saudi Arabia and the UAE leading efforts to expand capacity.
- Houthi blockade adds pressure to oil markets
The Houthi blockade of the Red Sea is disrupting both the Bab el-Mandeb Strait and Strait of Hormuz, key oil export routes, forcing tankers to take longer Suez Canal routes and increasing transport costs. While immediate production losses are not expected, Asian refiners face logistical challenges, and shipowners like Greece’s Dynacom are capitalizing on higher-risk, high-reward oil shipments.
- Hormuz vessel crossings fall further as security concerns linger
Vessel crossings through the Strait of Hormuz decreased to three on Tuesday from four the previous day due to lingering security concerns linked to ongoing attacks by the United States and Iran. The Kaiser exited the strait loaded with cargo, while the H7 Smb8 entered in ballast, according to Kpler data.
- Money talks—as the Iran war continues, options for the Strait of Hormuz are coalescing around one solution – tolls
The Strait of Hormuz, a critical global oil and LNG shipping route, faces severe disruption due to escalating U.S.-Iran military clashes, with Iranian attacks on vessels and U.S. airstrikes intensifying since July. Maritime organizations report heightened threats, crew reluctance to sail through the strait, and proposals for toll systems to ensure trade continuity amid ongoing conflict.
- Shipping transits slow to a trickle as Strait of Hormuz faces “worst-case scenario”
Shipping through the Strait of Hormuz has slowed to a three-week low due to renewed U.S.-Iran tensions, with transits dropping 66.2% week-over-week. Iranian attacks on ships and a U.S. blockade on Iran-linked shipping have caused vessels to avoid the strait, described as a 'worst-case scenario' by maritime experts. The Houthi group further escalated risks by imposing a maritime blockade on Saudi Arabia.
- Fewer vessels travel through Hormuz as US, Iran continue strikes
Fewer vessels passed through the Strait of Hormuz on July 16 as the U.S. reimposed a naval blockade on Iranian ports, with both countries escalating strikes in the Gulf. Shipping data from Kpler showed seven vessels crossing the strait that day, down from 13 the previous day.
- The US and Iran standoff over the Strait of Hormuz intensifies
The U.S. and Iran are escalating tensions over the Strait of Hormuz, with Iran threatening to block oil and gas export routes in response to U.S. maritime blockades. The U.S. military has launched strikes to degrade Iranian capabilities targeting commercial shipping, while Iran retaliated by attacking U.S. bases in Kuwait, Bahrain, and Jordan. Control of the strategic Strait of Hormuz, through which 20% of the world's energy supplies transit, has become a focal point of the conflict.
- FACT FOCUS: A look at US and Iranian claims of control over the Strait of Hormuz
The US and Iran are asserting control over the Strait of Hormuz, with President Donald Trump claiming the US as 'THE GUARDIAN OF THE HORMUZ STRAIT' and Iran's Revolutionary Guard denying foreign interference. Both nations have disrupted shipping traffic, reducing crossings by 52% recently, while international law experts emphasize the strait's status as a free, unimpeded international waterway under the UN Convention on the Law of the Sea.
- FACT FOCUS: A look at US and Iranian claims of control over the Strait of Hormuz
The U.S. and Iran are asserting control over the Strait of Hormuz, a critical international waterway, with both sides using military and economic measures to influence ship traffic. The U.S. reimposed a blockade and claimed guardianship, while Iran's Revolutionary Guard declared authority, disrupting energy markets and reducing ship crossings by 52%.
- Oil jumps as Trump claims new Hormuz blockade on Iran
Oil prices rose nearly 9% to $83 per barrel after President Trump announced the U.S. would reinstate a naval blockade on Iran at the Hormuz Strait, restricting Iranian ships while allowing others. Vessel tracking data shows a decline in ships transiting the strait, contradicting Trump's claim of its openness.
- Hormuz tanker traffic falls to lowest level in two months
Tanker traffic through the Strait of Hormuz has fallen to its lowest level in two months due to renewed US-Iran fighting and attacks on vessels. Shipping sources report tankers switching off tracking systems, complicating traffic monitoring. A ship broker warns that prolonged closure could tighten oil supply and raise prices.
- Oil prices spike as Hormuz traffic slows to multi-week low
Oil prices rose over 4% as renewed US-Iran strikes threaten their fragile peace agreement. Shipping through the Strait of Hormuz dropped to a five-week low, with only six vessels transiting the strait, including ships carrying Iranian and Kuwaiti oil.
- Tankers transit Hormuz despite renewed US-Iran tensions
Tankers have resumed transit through the Strait of Hormuz amid renewed US-Iran tensions, with 22 Japan-linked ships leaving the Gulf since Tuesday and at least five LNG tankers from China, Greece, and Qatar entering the strait. Japanese authorities reported six large crude oil tankers transiting the strait between 7-9 July, leaving four vessels remaining in the Gulf.
- Hormuz traffic falls sharply, especially through UN-backed Omani route
Shipping traffic through the Strait of Hormuz, particularly via the UN-backed Omani passageway, has sharply declined following renewed US-Iran strikes and vessel attacks. Traffic levels have stalled, with only six commodity tankers and 21 vessels transiting on Thursday and Wednesday, respectively, according to Kpler data. Experts predict ongoing volatility in traffic until a substantial agreement is reached.
- Oil tanker traffic through Hormuz at near standstill as attacks strain Iran truce
Oil tanker traffic through the Strait of Hormuz is nearly halted as shipping risks rise following U.S. airstrikes on Iran and subsequent Iranian retaliation. Only two tankers, including the U.S.-sanctioned crude supertanker Berg 1, had passed through the strait by Thursday morning.
- Four oil and gas tankers turn back from Hormuz after vessel attacks
Four oil and gas tankers, including three controlled by QatarEnergy and an Indian-flagged VLCC, turned back from the Strait of Hormuz after attacks damaged a Qatari LNG tanker and a Saudi-flagged crude oil tanker. Maritime authorities raised the threat risk to 'severe,' prompting diversions and the exit of 16 LNG cargoes and 10 crude oil shipments from the region.
- The supertanker tycoon making millions on Hormuz shuttle runs
Ga-Hyun Chung's Sinokor Group leases supertankers for the UAE's Abu Dhabi National Oil Co. to conduct covert 'dark' oil shipments through the Strait of Hormuz, enabling increased crude exports amid the Iran war. The UAE's strategy involved ships traveling without transponders and offloading cargo outside the strait, with Sinokor controlling nearly half of Emirati crude shipments by June.
- Oil, gas tankers cross Hormuz via Oman-side route after U-turns
Oil and gas tankers are navigating the Strait of Hormuz via an Oman-side route after performing unexplained U-turns, with some vessels switching to an Iranian route. Western navies report ongoing substantial threats, noting the strait is mined, while Iran asserts vessels should only transit through its designated route. Tanker companies face challenges due to Iranian military harassment and the risk of transiting the contested waterway.
- Hormuz maritime traffic recovering but remains fragile, Kpler says
Maritime traffic through the Strait of Hormuz is recovering but remains fragile, with 38 confirmed crossings on 2 July, down 10% from the previous day. Iranian-flagged activity has risen sharply, and commercial vessels dominate traffic, though political factors like compliance exposure and route governance continue to influence passage.
- Hormuz traffic holds steady but remains below pre-war levels
Traffic in the Strait of Hormuz remained steady on 1 July with 34 verified crossings, according to Kpler, and 42 transits reported by Windward AI on 2 July. Both figures are lower than the 70 transits recorded on 24 June, the highest since the US-Israeli war on Iran began. Pre-conflict levels averaged 130-140 daily ships.
- Ship traffic drops in Strait of Hormuz after weekend attacks
Ship traffic through the Strait of Hormuz significantly decreased over the weekend following attacks by Iran on ships and U.S. bases. Iranian drones struck a vessel on Thursday, prompting U.S. retaliatory strikes, and further attacks occurred over the weekend, according to maritime tracking data and news reports.
- Kpler: Qatar-Energy LNG tanker latest to reverse course near Hormuz
The QatarEnergy-chartered LNG tanker Umm Slal reversed course near the Strait of Hormuz, following a similar action by Gaslog Shanghai. The reversals coincide with Iran's IRGC warnings about unauthorized shipping routes and U.S. strikes on Iran in response to a drone attack on a cargo ship. Kpler notes this adds uncertainty to LNG shipping in the Gulf.
- Ships crossing Hormuz use Oman passage despite Iran warnings
Ships crossing the Strait of Hormuz continued using a non-Iranian-approved passage near Oman despite Iranian warnings, with 42 commodity vessels transiting on Thursday and 29 by Friday afternoon. A projectile struck one vessel, but traffic levels declined from Wednesday's peak of 57 ships.
- U.S. companies swallowed the oil shock. They’re not sure they can do it again
U.S. companies absorbed increased energy costs from the Strait of Hormuz closure, but CFOs express growing pessimism about broader economic inflation and growth. A Fed survey shows firms cut economic growth projections to 1.8% and 25% cite inflation as their top concern, while oil prices remain elevated despite a reopened but constrained trade corridor.
- The Strait of Hormuz's future is unsettled even as more ships venture through
Ship traffic in the Strait of Hormuz has increased following an interim Iran-U.S. deal, but disputes over control and potential tolls remain unresolved. Iran and the U.S. recently clashed over the strait's status, with Iran claiming to have reclosed it amid regional tensions, while maritime data shows reduced but ongoing vessel movement.
- The Strait of Hormuz’s future is unsettled even as more ships venture through
Ship traffic in the Strait of Hormuz has increased since an interim U.S.-Iran deal, but tensions persist over control of the waterway and potential tolls. Iran and the U.S. recently clashed over the strait's status, with Iran claiming it was reclosed due to Israel’s attacks on Lebanon, while maritime data shows reduced but ongoing vessel crossings.
- Ship traffic through Strait of Hormuz remains below pre-war levels
Commercial shipping through the Strait of Hormuz remains below pre-war levels, with 71 confirmed transits over the weekend compared to 100-130 daily vessels before the US-Israeli war on Iran. The main central shipping channel is mined and closed, forcing vessels to use the northern route through Iranian territorial waters and the southern route through Omani waters.