Shipping through Strait of Hormuz slows as US-Iran conflict intensifies

Traffic through the Strait of Hormuz has dropped to its lowest level in months due to escalating US-Iran hostilities. Only three commodity vessels transited the waterway on Thursday, the lowest since May. Iranian attacks and a US blockade have caused many ships to delay or reverse course. Data shows the tanker Miraan and carrier Norita exited the strait before stopping in the Gulf of Oman.