Shipping traffic through the Strait of Hormuz slowed to a halt over the weekend ahead of the expiry date of the 60-day ceasefire between the U.S. and Iran on Monday, with no official negotiations or deal in sight.

Over the weekend, only five cargo ships passed through the critical oil passage on Saturday, according to data from Kpler cited by Reuters, while no ships were registered to pass through the passage on Sunday. This is compared with 31 vessels the previous weekend.