The shipping volume in the Strait of Hormuz has sharply decreased, and the US Iran negotiations have attracted attention

The commercial shipping volume in the Strait of Hormuz has significantly decreased, with only a few ships related to Iran passing through. According to Bloomberg ship tracking data, only two ships entered the Persian Gulf that day, and one fuel tanker stalled on its way out. The day before, two international giant oil tankers departed from the waterway. The market is waiting for the outcome of the US Iran negotiations. Earlier, Iranian state television mentioned a draft memorandum of understanding, stating that shipping may return to normal within a month, but the US denied any related reports.