Hormuz Tanker Traffic Slows to Near Standstill Amid U.S.-Iran Tensions
Tanker traffic through the Strait of Hormuz has slowed to near standstill as the U.S. blockade of Iran’s ports enters its fourth day, with only two vessels observed crossing the strait (the Race heading to India and the Neshat toward Iran). The U.S. Navy has forced about 14 ships to reverse course, while Iran has threatened to shut Gulf routes in retaliation, contributing to a historic disruption of global oil shipments that previously moved a large share of world supplies through the strait.