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Hormuz Shipping Slumps as U.S.-Iran Strikes Rattle Oil Markets
What I Cover Irina Slav has been writing about global energy markets since 2007, covering the oil and gas industry, energy security, commodities, and the… The number of tankers traversing the Strait of Hormuz remains below the ten-day av…
AI Summary
Ship traffic through the Strait of Hormuz fell sharply, with ship‑trackers recording only four tanker crossings on Tuesday, well below the ten‑day average of 13. This decline follows recent U.S. and Iranian strikes that have unsettled oil markets.
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