Strait of Hormuz traffic was increasing until a fresh wave of strikes
Recent attacks on commercial vessels in the Strait of Hormuz have jeopardized a fragile 60-day ceasefire between the United States and Iran. Despite a brief increase in shipping traffic, renewed hostilities have led to retaliatory strikes and ongoing diplomatic uncertainty.
Why it matters
The Strait of Hormuz is a critical global oil transit point; instability there has immediate consequences for global energy prices and international security.
Before the US-Israel attacks on Iran, well over 100 commercial ships a day passed through the strait. ( Reuters )
The article presents the conflict from both sides, citing data and diplomatic agreements without taking a partisan stance.
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