Hormuz Transits Fall to Two Merchant Ships on Sept 21: Kepler

A one-day drop to two tracked transits, with the caveat that AIS-dark vessels are excluded, makes the headline figure a floor rather than a full picture of Hormuz traffic. Bulk carriers carrying mineral products are the marginal users of this chokepoint, so their continued presence matters more than the headline count for gauging whether commercial flow is actually impaired. Whether the Sept 21 reading proves a one-off or the start of a sustained decline is the open question, and the AIS gap means the true count may be higher than reported.