DUBAI, 24 August. - (ANA) - Fewer than 20 commodity vessels transited Hormuz at ​the weekend, shipping data showed on Monday, ⁠as Iranian and US blockades restrict traffic through ⁠the chokepoint for energy shipments. 

 

Four vessels ​crossed the strait on Sunday, initial data from shiptracker Kpler showed by 06:30 am United Arab Emirates (UAE) time, ⁠with 13 on Saturday. Iran has warned that ships violating transit rules in the strait could face penalties including detention or confiscation.

 

Oil prices slipped more than $1 a barrel ​this morning as investors took profits ahead of an expected announcement from Washington about imposing more sanctions on ⁠Iran that may further disrupt supplies from the Middle East. 

 

Brent crude futures fell $1.23, or 1.3 per cent, to $93.16 by 07:30 am UAE time, while US West Texas Intermediate crude was at $85.7 a barrel, down $1.36, or 1.6 per cent.   - (ANA) -

 

AB/ANA/24 August 2026 - - -