Cybersecurity

Strait of Hormuz traffic remains becalmed despite ceasefire

Ali Nemati7 hours ago28 sec read2 views0 listens

Since the Middle East war ceasefire, only 10 vessels have passed through the Strait of Hormuz, far below normal levels, due to lingering security concerns and Iran's control over traffic. This situation impacts global oil markets significantly, as the strait typically handles about one-fifth of worldwide crude oil and LNG trade. Shipping companies are cautious, with many ships remaining stuck in the Gulf awaiting safer passage conditions.

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Ali NematiWritten by Ali

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