Hormuz Shipping Traffic Plunges to Single Digits as Middle East War Escalates

Ship transits through the Strait of Hormuz fell to seven in the past 24 hours, down from a 10-day average of 15, per Kpler data. The drop reflects escalating conflict in the region, though dark transits (ships with transponders off) are likely higher. This signals a potential supply disruption for oil and LNG, with market implications for energy prices and shipping risk.