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Traffic through the Strait of Hormuz has declined to an average of 10 commodity ships per day, the lowest level since May, following recent military actions involving US and Iranian forces. The situation has escalated, with the IRGC targeting oil tankers and US vessels, leading to heightened risks for shipping in the region.
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Traffic through the Strait of Hormuz has declined to an average of 10 commodity ships per day, the lowest level since May, following recent military actions involving US and Iranian forces. The situation has escalated, with the IRGC targeting oil tankers and US vessels, leading to heightened risks for shipping in the region.
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Hormuz traffic dips to lowest since May...
Traffic in Strait of Hormuz Declines to Lowest Level Since May