economy
A few tankers and ships are going through the Strait of Hormuz. Here's the latest traffic
Tanker transits Tuesday were 90% below traffic before the U.S. and Israel attacked Iran, according to shipping data.
TL;DR
- At least nine oil tankers have passed through the Strait of Hormuz this week.
- Tanker traffic had dropped by 90% following attacks by the U.S. and Israel on Iran.
- Traffic remains low despite a ceasefire agreement.
- The U.S. Navy has blockaded maritime traffic entering or exiting Iranian ports.
- Iran claims to control the sea lane.
- The Strait of Hormuz is a vital trade route for about 20% of world crude supplies.
- The disruption in tanker traffic has caused the largest oil supply disruption in history.