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The war against Iran, which began in February 2026, led to a significant decline in the movement of ships passing through the Strait of Hormuz. The traffic volume dropped by approximately 92%, from a daily average of between 125 and 140 ships before the war to about only 9 ships over a 100-day period. The transit of oil and liquefied natural gas through the strait was greatly reduced, with a total of around 224 million barrels of oil moving during the war—less than 10% of what was transported daily before the conflict. Additionally, the volumes of liquefied natural gas and associated petroleum gases decreased to roughly 14,000 and 42,000 cubic meters per day, respectively.
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