Vessel crossings through the Strait of Hormuz plummeted by 60% in a single day, with only six passages recorded on Thursday according to maritime monitor Kpler. This sharp decline is part of the 2026 Strait of Hormuz crisis, characterized by heightened tensions between Iran and the United States over maritime security in the Persian Gulf. A similar traffic drop was reported in the Bab el-Mandeb Strait, another key maritime chokepoint affected by regional instability. Market pricing indicates a decreasing likelihood of Strait of Hormuz traffic normalizing by September 30.
Source: Read the original article
