Strait of Hormuz Traffic Halves After US-Iran Strikes and Deal Collapse

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Traffic through the Strait of Hormuz has sharply declined, with only 23 ships crossing on Wednesday, down from 47 a week prior, following tit-for-tat strikes between the US and Iran.
The conflict erupted after attacks on tankers using a US-recommended route, leading to the collapse of a recent deal to reopen the strait.

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Traffic through the Strait of Hormuz has sharply declined, with only 23 ships crossing on Wednesday, down from 47 a week prior, following tit-for-tat strikes between the US and Iran. The conflict erupted after attacks on tankers using a US-recommended route, leading to the collapse of a recent deal to reopen the strait.

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