Strait of Hormuz traffic falls 80% as US-Iran conflict reshapes global shipping
The Strait of Hormuz has entered a new and highly volatile phase amid the ongoing conflict involving Iran, the United States and Israel. Maritime traffic has fallen to roughly 20% of pre-war levels, while ships now face competing Iranian, Omani, central and "dark" routes. Rising maritime insurance costs, Iranian transit fees and potential US sanctions are adding further pressure to global shipping through the critical waterway.
