Strait Hormuz Traffic Falls After US-Iran Strikes
Strait Hormuz traffic has fallen sharply following a series of US-Iran military exchanges. Only 23 tankers and cargo ships crossed the strategic waterway on Wednesday, down from 47 a week earlier, according to maritime intelligence firm Kpler. The decline followed attacks on three tankers earlier this week and subsequent retaliatory strikes between the United States and Iran.
Traffic Drops by Half
The latest figures represent a 50% decline in vessel crossings through one of the world’s busiest shipping routes, which carries nearly 20% of global oil supplies. The sharp reduction reflects growing security concerns among shipping companies. Brent crude oil prices have also risen as traders fear potential supply disruptions. Some vessels are delaying their transit through the strait, while others are considering alternative routes.
Dispute Over Safe Routes
The three tankers attacked earlier this week were travelling along a route recommended by the United States through Omani waters. Iran continues to insist that ships should instead use routes through Iranian waters, claiming they are the safest option. The conflicting guidance has created uncertainty for commercial shipping operators.
Kepler analysts expect traffic to remain below normal levels in the coming days. Despite international calls for de-escalation, tensions remain high. The shipping industry continues to monitor developments closely as prolonged disruption could have significant consequences for global energy markets.
