Traffic through Strait of Hormuz falls steeply after new US-Iran strikes [View all]

Traffic through the Strait of Hormuz has fallen steeply after a series of tit-for-tat strikes by the US and Iran following an attack on three tankers earlier this week.

Just 23 tankers and cargo ships crossed the critical Gulf waterway on Wednesday, according to the maritime intelligence firm Kpler, down from 47 from a week before

The three ships that were struck this week were using a US-recommended route through Omani waters. Iran has repeatedly said the only "safe" route is separate route through its waters.

For decades vessels have been given free passage through the strait, through which more than a fifth of the world's oil and gas supplies as well as fertiliser shipments and other vital goods flow.

https://www.msn.com/en-us/news/world/traffic-through-strait-of-hormuz-falls-steeply-after-new-us-iran-strikes/ar-AA27zCIn

Just as gas prices were starting to come down.