Wire flash
ConflictShipping traffic through the Strait of Hormuz has significantly slowed following recent tanker attacks, according to shiptracking data from Kpler. On Saturday, only five commodity vessels transited the strait, with none registered for Sunday, compared to 31 vessels during the prior weekend. This disruption comes as US-Iran talks to resolve the broader Middle East conflict remain stalled. The reduction in traffic highlights the escalating security risks in one of the world's most critical maritime chokepoints for oil and gas shipments, raising concerns about global energy supply chains and regional stability.
The Business TimesRegional