Crude flows through Hormuz fall 27% from wartime high to at least 10.1 million bpd

Kpler data cited by Oilprice.com showed crude crossing the Strait of Hormuz fell 27% from its wartime high the week before, to at least 10.1 million barrels per day. Only seven commodity carriers transited the strait on the Tuesday of that week, the fewest since late July. Brent traded at $102.83 and WTI at $90.33 early on October 9, and the article cited renewed tanker attacks and a tanker shortage driven by record freight rates as drivers.

• Crude crossings at least 10.1 million bpd, down 27% from the wartime high
• Seven commodity carriers transited on the Tuesday, the lowest since late July
• Brent $102.83 and WTI $90.33 early on October 9