Iran blocks Strait of Hormuz — commercial shipping near zero

According to MarineTraffic data, commercial traffic through the US-backed Omani maritime corridor has dropped to near zero in the last 24 hours, indicating Iran's effective control over the Strait of Hormuz. Markets appear to have lost confidence in Washington's ability to guarantee freedom of navigation through the strategically vital waterway. The development deepens tensions across the Middle East.

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📈 Business Oil prices rise after Trump threatens to bomb Iranian infrastructure CNBC · 3d ago 🌍 World Iran and the Strait of Hormuz: why Tehran is taking such a risky gamble with the US BBC World · 4d ago 🌍 World Pipelines bypassing the Strait of Hormuz won't fully protect Gulf oil exports, analysts warn CNBC · 9d ago

More on this topic

📈 Business Oil prices rise after Trump threatens to bomb Iranian infrastructure CNBC · 3d ago 🌍 World Iran and the Strait of Hormuz: why Tehran is taking such a risky gamble with the US BBC World · 4d ago 🌍 World Pipelines bypassing the Strait of Hormuz won't fully protect Gulf oil exports, analysts warn CNBC · 9d ago