Strait of Hormuz choked by war: Shipping plunges 95%, 20,000 seafarers stranded — All you need to know
Iran declared the Strait of Hormuz open to all except its "enemies," the US and Israel, following a 48-hour ultimatum from President Trump. The crucial waterway, vital for global oil, has seen a 95% drop in traffic due to escalating Middle East conflict, with thousands stranded and shipping costs soaring.
Iran declared the Strait of Hormuz open to all except its "enemies," the US and Israel, following a 48-hour ultimatum from President Trump. The crucial waterway, vital for global oil, has seen a 95% drop in traffic due to escalating Middle East conflict, with thousands stranded and shipping costs soaring.
