Majority of ships pass Strait of Hormuz

Maritime data has reported that at least 14 commercial ships passed through the Strait of Hormuz in the past 24 hours, representing a noticeable increase compared to previous periods, when the number of ships transiting ranged between 3 to 6 daily, according to Kpler's data. This comes after reports indicated a decline in vessel crossings, as no ships have transited the Strait of Hormuz today. The movement of ships through the strait holds significant strategic and economic importance due to its vital location, through which approximately 20% of global oil supplies pass. The region is experiencing escalating tensions, with American and Israeli statements regarding the possibility of a military response to Iran, which is raising concerns in international markets and impacting shipping activities in the strait.

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