Maritime traffic through the Strait of Hormuz has sharply declined, dropping from 15 crossings on Friday to just 6 on Sunday, according to maritime analytics platform MarineTraffic. This decline is part of the ongoing 2026 Strait of Hormuz crisis affecting shipping between Iran, Oman, and the wider Gulf region. The Strait of Hormuz, a critical chokepoint for global oil flows, is experiencing heightened maritime risks amid regional tensions. Markets now price a NO outcome for traffic normalization by September 30, with odds falling from 20% to 16.5% over 24 hours. Fifty-one days remain until the September 30 resolution date.
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