The Economic Times

Hormuz traffic slows to multi-week low as renewed US, Iran strikes raise safety risk

Vessel traffic through the Strait of Hormuz has reached a five-week low. This decline is attributed to renewed strikes and attacks on ships in the region. Several tankers carrying oil products transited the strait, with most switching off transponders. U.S. forces conducted further strikes against Iran on Sunday. Iran's Revolutionary Guards reported stopping two ships in the strait last night.