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European Energy Markets
15APR

Hormuz transits rise to an eighth of normal

2 min read
13:33UTC

Lloyd's List Intelligence counted 84 weekly transits through the Strait of Hormuz on 7 August, up from 45. A normal week carries more than 700.

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EconomicDeveloping
Key takeaway

Hormuz traffic doubled to a level still far below a working waterway.

Lloyd's List Intelligence counted 84 vessel transits through the strait of Hormuz in the week to Friday 7 August, up from 45 the week before, in figures relayed by the Associated Press 1. A normal week carries more than 700.

Three independent trackers had already put crossings at about 15% of normal on 24 July , so the rebound restores a fraction of a fraction. War-risk underwriters price off demonstrated passages rather than announcements, and two counts this low both sit inside the noise band of a chokepoint that usually moves a hundred vessels a day. A doubling gives them a second data point, not a trend.

Lloyd's List has not published the split between tankers, gas carriers and general cargo. Energy trade resuming would show up in that breakdown; a return of general cargo would mean something much smaller. Without it, the rise cannot be read either way.

Charterers cannot fix a voyage against a route with no published text, which means the extra crossings most likely reflect operators who had already accepted the risk rather than new entrants coming back. If next week's count falls towards July's levels, this one reads as convoy movement rather than recovery.

Deep Analysis

In plain English

Shipowners weigh risk to the vessel, crew, cargo and insurance before they enter the strait. Their decisions determine the traffic count. The number almost doubled in one week, but 84 ships is still far below the more than 700 that normally cross. The route remains badly constrained.

What could happen next?
  • Consequence

    The count shows more movement than the preceding week but no return to normal shipping capacity.

  • Risk

    Further incidents or unclear route rules may stop the recovery before tankers resume normal schedules.

Sources:Associated Press
Mentions:Lloyd's List →Strait of Hormuz →Associated Press →Kpler →
First Reported In

Update #168 · Iran replaces the man who set its terms

Associated Press· 11 Aug 2026
Read original →
Causes and effects
Caused by
Three ships a day in an 'open' strait
The 84-transit count measured a partial rebound after the earlier Hormuz traffic collapse.
Occurred 24 Jul 2026
Read story →
This Event
Hormuz transits rise to an eighth of normal
Traffic almost doubled and the waterway still runs at roughly an eighth of a working strait.
Led to
Ships with no Iranian tie quit Hormuz
This week's 78-transit reading follows last week's 84-transit count from the same tracker.
Occurred 11 Aug 2026
Read story →
Different Perspectives
Cross-border power traders
Cross-border power traders
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EDF
EDF
River-cooling limits took 7.6 GW, 12 per cent of its fleet, offline on 3 August, the highest curtailment since the heatwave began, with an easing forecast to 4.3 GW on 4 August and 3 GW after. It manages the cut as a recurring seasonal constraint, expecting it to lift with river temperature, not repair.
Gasunie
Gasunie
TTF, the Dutch hub it operates, drifted to roughly EUR 55 to 58 per MWh across the window, staying inside its recent range through both the German spark reversal and the French curtailment. It reads a flat hub price as evidence that neither event this window carried enough weight to move the fuel leg on its own.
German gas-fired generators
German gas-fired generators
Record German solar of 18,761 MW on 2 August pushed the clean spark spread to minus 18.48 EUR/MWh, a loss-making day, before it returned to plus 16.20 on 3 August. They now price dispatch against post-solar residual load rather than wind alone, since the sign flipped inside 48 hours on unchanged fuel and carbon costs.
European Commission (DG Energy)
European Commission (DG Energy)
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Spain's LNG terminal operators
Spain's LNG terminal operators
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