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The Economic Times

Global Business / The Economic Times

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What cargo is moving through Strait of Hormuz as shipping drops 95%

Shipping through the Strait of Hormuz has plunged 95% since the war began, with only limited crossingsmostly Iranian oil and gas vesselsrecorded. A few ships are using a reported Tehran-approved route, while sanctioned and shadow fleet tankers dominate traffic. Most oil shipments continue to head towards Asia, particularly China, amid severe disruption.

23 Mar 2026 7:02 pm