Strait of Hormuz Traffic Drops 61% Over Weekend to Just 14 Vessels

Commercial maritime traffic in the Strait of Hormuz fell by 61% over the weekend, as the number of transiting ships dropped from 36 vessels last week to just 14 vessels, in a stark indication of the impact left by the recent wave of security tensions on international maritime navigation.

This sharp decline represents a notable turning point in traffic through the world's most vital maritime energy corridor, as approximately 20% of total global oil supplies pass through Hormuz daily.

These figures reflect urgent decisions taken by shipping companies to reroute or delay their voyages to avoid the risks of targeting, following multiple incidents targeting tankers around the Gulf and the Red Sea.

This decline adds additional pressure on global energy markets, as its continuation could impede the arrival of oil supplies to Asian and European markets and fuel a new wave of rising oil and fuel prices.

Maritime tracking centers are watching to see whether this drop will continue in the coming days or if it represents a temporary phenomenon linked to specific incidents, amid the absence of any clear political settlement to regional tensions.