Mocha was the afternoon verb. The evening number is two.
The National, Sept. 10, citing Kpler: only two ships transited the Strait of Hormuz on Thursday. Wednesday was nine commodity vessels — the lowest of the month — down from 12 Tuesday and 20 Monday. Of Wednesday’s nine, six exited the Gulf. Two of those were very large crude carriers, about two million barrels each; destinations unknown.
Bab el-Mandeb, the other gate: six vessels as of 3:14 p.m. UAE Thursday, down from 30 Wednesday, 26 Tuesday, 29 Monday. That drop follows the Houthi seizure of Mocha, which we filed at 1 p.m. Kpler: 514 commercial vessels stuck in the Arabian Gulf as of Thursday. Analyst Ana Subasic: Wednesday’s attack count could beat the prior single-day high of five on March 11 — too early to confirm.
Yahoo, 7:03 p.m. ET: Brent $108.93, WTI $103.81, after the equity close. Midday Brent was $106.80. National’s earlier $103 print is an old clock. Trump’s “after the midterms” line does not move two ships.
What this means for you
If you drive, two ships and six ships are why $100 became $109. If you needed Hormuz open, 514 waiting is the queue. Not investment advice.
Bottom line: Two through Hormuz. Six through Bab el-Mandeb. 514 stuck. Brent $108.93 after the bell.
GLHR NEWS explains the news. Not investment, tax, or trading advice. Do your own work before you act.
