Hormuz shipping traffic plunges as Middle East attacks escalate

Commodity vessel transits through the Strait of Hormuz fell to four on Monday from ten the prior day, per Kpler data, reflecting heightened regional attacks. The drop signals potential supply-chain disruption for oil and LNG flows, though the decline is preliminary and may be temporary. This matters as Hormuz carries roughly 20% of global oil supply, making any sustained reduction a critical energy-security risk.