Shipping activity through the Strait of Hormuz has fallen dramatically following the renewed military conflict between the United States and Iran, raising fresh concerns over global energy supplies and regional security.
According to maritime intelligence firms, no large commercial vessel has used the US-coordinated shipping route while transmitting its location since July 7, with only a handful of ships crossing the strategic waterway compared to normal traffic levels.
Before the latest escalation, about 130 vessels passed through the Strait of Hormuz each day. On Wednesday, only five ships were tracked, highlighting the sharp decline in maritime traffic.
Security experts say shipping companies are becoming increasingly cautious due to the heightened threat of attacks, warning that prolonged instability could force vessels to seek alternative routes and ports.
The renewed tensions follow US airstrikes on Iranian targets and Iran's retaliatory attacks on US military facilities across the Middle East.
Despite the disruption, global oil prices remained relatively stable. Brent crude traded around $76.58 per barrel, although analysts expect prices to rise in the coming weeks as supply pressures increase.
Asian stock markets also posted gains, with Japan's Nikkei, South Korea's Kospi, and Hong Kong's Hang Seng Index all recording strong advances despite the growing geopolitical tensions.
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