Strait of Hormuz transits drop as US and Iran escalate attacks across Gulf
· thehindubusinessline.com
The re-escalation in fighting between the U.S. and Iran has once again largely stopped traffic through Hormuz, the world's most important shipping route for oil and gas, driving up global energy prices
Just three commodity vessels crossed the Strait of Hormuz on Thursday, the fewest daily transits since May, shipping data showed, with most ships halting or mak...