Shipping Stocks Rally as Hormuz Traffic Plunges 75%
Ship traffic through the Strait of Hormuz — a critical chokepoint handling about 20% of global crude oil and liquefied natural gas (LNG) shipments — has fallen to roughly one-quarter of its prewar level. According to a report by the United Kingdom Maritime Trade Operations (UKMTO), the number of ves
We haven't written up this one. BusinessKorea has the full story — the link below goes straight to it.