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Decrease in Strait of Hormuz Traffic Reaches Lowest Level Since May
The movement of vessels through the Strait of Hormuz has dropped to its lowest level since May, with only three ships passing yesterday, Thursday. This decline is due to escalating tensions between Iran and the United States and the resumption of the American naval blockade on ships linked to Iran. Maritime traffic has significantly decreased, with most ships halting or returning to their ports amidst Iranian threats not to allow oil exports through the strait and ongoing security disputes. Data also shows the presence of giant oil tankers carrying two million barrels of crude heading to Japan and Turkey, while Iraq has temporarily suspended oil loading following a drone attack on a tanker in Basra.
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