Shipping through the Strait of Hormuz remains under pressure, with Kpler data showing only six commodity ships crossed on Monday, up slightly from three on Saturday and two on Sunday but still well below the 10-day average of 11 ships. The strait has not been fully closed, yet traffic remains unusually thin as stalled U.S.-Iran peace talks and wider regional tensions keep risks elevated. The latest vessel data point to continued disruption across energy shipping. Monday's crossings included three ships entering the Gulf and three leaving, with no very large crude carriers and no liquefied natural gas tankers recorded in transit. One very large gas carrier, Xavia, entered via the Iranian route under ballast, while other movements included a medium-range fuel tanker and an intermediate-range tanker entering the Gulf, and a medium-sized LPG carrier, a Panamax bulk carrier and a Panamax-sized fuel tanker exiting. The slowdown has extended beyond oil markets into European gas, where prices rose above €62 per MWh as delayed LNG cargoes from Qatar tightened supply while heatwaves increased gas-fired power demand. Brent crude earlier rose as high as $89.30 a barrel before easing to around $88.70 as investors weighed the risk of broader supply disruption against evidence that some flows continue. Some ships may also be transiting with transponders switched off, meaning visible tracking data may undercount actual movements.