Shipping traffic through the Strait of Hormuz fell to six vessels on Monday from a 10-day average of about 11, as hopes for a U.S.-Iran peace deal weakened. Kpler data showed four commodity vessels entered the waterway, including two empty oil product tankers, while two vessels exited: a small tanker carrying liquefied petroleum gas (fuel gas shipped in liquid form) and another carrying residual fuels (heavy refined oil products). The drop underscores how sensitive the route is to geopolitical tension. In pre-war days, about 130 to 140 ships typically transited the strait. By contrast, traffic through the Bab el-Mandeb strait on the Red Sea was broadly unchanged at 25 vessels on Monday versus a nearly 24-ship 10-day average. The weaker sentiment around a deal followed U.S. President Donald Trump setting out demands that Iran pay compensation for people killed in wars, attacks and protests, in response to Tehran seeking compensation and an end to sanctions. Those Iranian terms were largely in line with a preliminary peace deal signed in June that has since broken down.