Shipping traffic through the Strait of Hormuz dropped to six vessels on August 11, falling significantly below the 10-day average of approximately 11 ships, according to Kpler data.
Strait of Hormuz Traffic Trends
The current volume of maritime traffic represents a sharp reduction from pre-war levels, when 130 to 140 ships typically transited the waterway daily, according to Reuters. Data from Kpler indicates that on August 11, four commodity vessels entered the strait, including two empty oil product tankers. Two other vessels—a small tanker carrying liquefied petroleum gas and one transporting residual fuels—exited the passage.
By comparison, traffic through the Bab el-Mandeb strait on the Red Sea remained stable at 25 vessels on August 11, closely aligning with its 10-day average of nearly 24 ships, based on Kpler reporting.
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Saudi Aramco CEO Amin Nasser reported that 2.6 billion barrels of crude have been removed from global supplies since the conflict began, according to Reuters. Global markets stand to lose over 100 million barrels of crude for every week the passage remains effectively closed.
Diplomatic Standoff and Compensation Demands
The reduction in shipping follows a breakdown in peace negotiations. U.S. President Donald Trump recently countered Iranian demands for an end to sanctions by insisting that Tehran provide compensation for individuals killed in regional wars, attacks, and protests, Reuters reported. These Iranian demands were previously tied to a preliminary peace deal signed in June that has since collapsed.
The conflict has evolved into a struggle over control of the strait, according to Mehran Kamrava, a professor of government at Georgetown University in Qatar, as cited by CNN. Iran has pushed for vessels to utilize a route through its territorial waters, while the United Nations’ International Maritime Organization and Oman have proposed an alternative lane along the Omani coast. Iran has rejected the alternative path and has been linked to multiple strikes on vessels using it.
Impact of Naval Blockades and Sanctions
Maritime security in the region remains volatile. Following a July 7 incident where Iran reportedly struck three vessels near the strait, the U.S. resumed airstrikes in the country and reimposed sanctions on Iranian oil sales, according to CNN. A U.S. naval blockade targeting ships moving to or from Iranian ports came into effect on July 14.
Market sentiment regarding the normalization of traffic through the Strait of Hormuz remains pessimistic. Prediction markets tracked by Vera indicate the probability of a return to normal shipping volumes by September 30 has declined to 14.5%, according to Crypto Briefing.
Frequently Asked Questions
- Why has shipping traffic in the Strait of Hormuz decreased? Traffic has fallen due to the collapse of the June peace deal, the implementation of a U.S. naval blockade, and ongoing military tensions, including strikes on commercial vessels.
- What is the difference between current traffic and pre-war levels? Before the conflict, 130 to 140 ships transited the strait daily; current levels have dropped to approximately six vessels per day.
- Are there alternative routes being used? While a route hugging the Omani coastline has been proposed by international bodies, Iran rejects this path and has targeted ships attempting to use it.
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