Strait of Hormuz crude oil traffic reaches new peak amid U.S.-Israeli conflict with Iran Strait of Hormuz crude oil traffic hits new peak Shipping data analyzed by Kpler shows crude oil movement through the Strait of Hormuz reached its highest level since the start of the U.S.-Israeli war on Iran in late February. On Thursday, six tankers carrying a combined 10 million barrels of crude passed through the waterway, including four vessels transporting 6 million barrels of Iranian crude, according to the shipping data. The day before, another six tankers moved approximately 10.8 million barrels through the channel. Despite the…
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