Tanker crossings in Hormuz, Bab el-Mandeb stay low despite Trump peace talk
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Tanker traffic through the Strait of Hormuz and Bab el-Mandeb remained subdued on Monday, with only three vessels crossing Hormuz and a dozen crossing Bab el-Mandeb, according to Kpler data. The low volumes persisted despite President Trump's renewed talk of peace negotiations. Meanwhile, U.S. Central Command is seeking 'new creative and unconventional ways to pressure and punish Iran,' CNN reported, citing a CENTCOM officer's message.
Tanker Movements
A dozen tankers crossed the Bab el-Mandeb Strait on Monday, with most operating transponders openly, Kpler data showed. Traffic in the Strait of Hormuz fell to three tankers from seven the previous day. The subdued crossings come as Iran continues to threaten vital energy trade routes, contributing to elevated oil prices.
Peace Talk Impact
President Trump’s claims of renewed peace interest temporarily pressured oil prices lower, but prices reversed as traders questioned the veracity of his statements. Doubts deepened after reports that CENTCOM sought new pressure tactics on Iran. Trump also slammed Big Oil on Monday, demanding that companies cut consumer fuel prices from record profits.
U.S. Military Pressure
A U.S. Central Command officer sent a message to military analysts asking for 'new creative and unconventional ways to pressure and punish Iran,' CNN reported. The message suggests the Pentagon is not solely focused on diplomatic resolution. Iran, meanwhile, appears to be leveraging energy route blockades to inflict economic pain on the U.S. ahead of midterm elections, with gasoline prices above $4 per gallon.
What's Next
The U.S. and Iran are expected to continue posturing, with potential for further military or economic escalation. It remains unclear whether renewed peace talks will materialize or if tensions will further disrupt energy markets.
3 sources
Tanker crossings in Hormuz, Bab el-Mandeb stay low despite Trump peace talk

