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Hormuz transits at lowest in 2 months
Two-month low
Seven commodity vessels crossed on Tuesday, the lowest count since late July, according to Kpler data cited in the report. The decline followed the highest weekly level of tanker attacks since the conflict began.[14]
Limited movement
The available data suggest that some oil continues to move, but not through normal, predictable commercial operations. Different tracking systems produce different totals because some vessels disable transponders or use escorted and shuttle arrangements.[11][17]
Slow recovery likely
The latest setback weakens the case for normalization in October or November. Even if talks produce an agreement, traffic would likely recover gradually as operators assess security and insurance conditions.[3][14]
No firm month
Current market indicators point toward 2027 rather than a specific 2026 month, but they should be treated as expectations rather than forecasts. The clearest conclusion from the reporting is that no firm month has been established.[2][5]