Ship Traffic Drops in Hormuz Amid US-Iran Tensions
Ship traffic through the Strait of Hormuz declined to 6 ships per day yesterday Monday, compared to an average of about 11 ships over the past ten days, amid fading hopes of reaching an agreement between the United States and Iran. Data from the "Cople" platform showed that four ships transported raw materials through the waterway, while two ships departed. Before the conflict, traffic typically ranged between 130 and 140 ships per day. This comes after U.S. President Donald Trump's response to Iran's demands for an agreement, demanding compensation for the killed, which led to a deterioration of the situation and increased tensions between the two sides.
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