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Strait of Hormuz ship traffic hits a one-month low after attacks

Shipping activity through the Strait of Hormuz fell to its lowest level in about a month, with little crude oil moving through the key chokepoint, according to NYT Business.

Reported · Written up by our desk · Energy

Ship traffic through the Strait of Hormuz dropped to its lowest point in about a month following attacks in the region, according to NYT Business.

The outlet cited a sequence of events in which an Iran attack on a ship was followed by U.S. strikes, after which shipping activity sharply declined.

NYT Business also noted that little crude oil is being transported through the critical waterway, pointing to potential disruption risk for global energy flows if the situation persists.

Latest closeWTI crude $71.51 ▼0.8%

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