Hormuz Traffic Slows as Iran-US Clashes Renew Oil-Route Tensions
Tanker traffic through the Strait of Hormuz fell to 13 ships on Wednesday from a weekly average of about 33, as Iran’s attacks and renewed U.S. strikes raise disruption fears. Oil prices have climbed more than 6% this week, though analysts say a full closure of the strait isn’t being priced in. Iran is pushing for a northern corridor to safe passage while the southern Oman route remains the focus of attacks; the strait had begun reopening after a June agreement that offered toll-free passage for 60 days, influencing flow dynamics.
