Commodity vessel transits through Hormuz hit 3-month low

Just two commodity vessels transited the key energy ​chokepoint of the ​Strait of Hormuz on Monday, for the lowest daily tally since early May, with both entering the Gulf, shipping data showed.
The figure was also well below the 10-day average of 14, with just one very large ⁠gas carrier and one very large crude carrier entering the ⁠strait from the Sea of Oman, according to shiptracker Kpler early on Tuesday.
Although down from Sunday's tally of seven vessels of all types, the ‌figures could change, however, as ​some ships had switched ⁠off navigation transponders on their way through.
Iran ​said it had blacklisted 45 ‌tankers for violating its rules on passage through the strait, threatening action against vessels ​engaging in ship-to-ship transfers with them, escalating pressure over the key waterway six months into the Iran war.
Before the conflict, the strait carried about a fifth of global flows of crude oil and ‌liquefied natural gas.
Iran also vowed to retaliate against expanded ​U.S. sanctions aimed at cutting off its economic lifeline, while expressing confidence ​that ‌its ⁠major trading partners would resist Washington’s pressure campaign.
U.S. Treasury Secretary Scott Bessent unveiled the measures on Monday but stopped short ​of imposing the most severe sanctions. Countries continuing ⁠to trade ​with Iran risked losing access to the dollar-based financial system, he warned.
On Monday, 29 vessels transited Bab el-Mandeb, another key chokepoint on the opposite side of the Arabian peninsula, Kpler data ​showed. That was broadly in line with the ​10-day average and compared with 28 crossings on Sunday.