Tanker Traffic Remains Subdued Despite Trump’s Talk of Peace

Tanker crossings in the Strait of Hormuz and Bab el-Mandeb remained subdued at the start of this week despite reports about potential renewal of peace talks based on statements made by President Donald Trump. A dozen tankers crossed the Bab el-Mandeb Strait on Monday, Kpler data cited by Reuters showed. Most of the vessels had their transponders on, meaning they were not trying to cross the strait undetected. Meanwhile, over in the Strait of Hormuz, only three tankers crossed on Monday, down from seven on Sunday, according to the Kpler data. President…