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The Strait of Hormuz witnessed its lowest level of merchant vessel transit since May, amid escalating tensions between Iran and the United States, following American and Iranian strikes targeting oil tankers. Over the past ten days, the average daily number of ships passing through has been only 10, compared to more than 15 ships before the escalation. The Iranian Revolutionary Guard Corps confirmed targeting three Iranian oil tankers and pursuing American vessels in the area, while U.S. forces responded by striking three Iranian tankers. This escalation of hostilities poses a significant threat to commercial shipping, as tankers are being used as tools of pressure, greatly increasing the risk level for oil movement through the strait, which has seen the least activity since May.
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