Hormuz Shipping Traffic Plunges as Middle East War Escalates
Ship traffic through the Strait of Hormuz slumped to single digits on Thursday, down from a 10-day average of 15 vessels that transited the chokepoint in both directions, Reuters reports, citing preliminary vessel-tracking data by Kpler as of early Friday. Only seven vessels, two outbound and five inbound, transited the Strait of Hormuz over the past 24 hours, per the data, which tracks only…
We haven't written up this one. OilPrice has the full story — the link below goes straight to it.
