Strait of Hormuz cargo transits collapse to 3 ships/day amid escalating tensions

Vessel tracking data from Kpler shows cargo ship crossings through the Strait of Hormuz fell to three on Wednesday from about twelve the prior day, indicating a sharp contraction in traffic. The drop follows heightened regional tensions, though the specific cause is not stated. If sustained, this could disrupt global oil flows and raise shipping costs, with implications for energy markets.