Hormuz Strait maritime traffic hits three-month low

Maritime traffic through the Strait of Hormuz has decreased to its lowest levels in three months, amid ongoing disagreements between the United States and Iran over reopening this vital oil transit route. The average number of ships passing through the strait over a five-day period was about 13 ships per day, representing a drop of approximately 90% compared to the pre-escalation level, which was around 130 ships per day. Oil tanker crossings rely on assistance from U.S. forces, as Gulf oil exports have fallen to approximately 9 million barrels per day, compared to around 20 million barrels before the conflict began. Negotiations between the U.S. and Iran continue regarding the full reopening of the strait.

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