Hormuz traffic drop of 95 percent reshapes global shipping

ca.news.yahoo.com

Six months into the US-Israel war on Iran, Strait of Hormuz traffic has fallen 95 percent, from over 100 vessels daily to five vessels daily, disrupting global shipping, disrupting global trade disruption. The strait's closure has cut Gulf crude exports down from 17 million barrels daily, with oil prices 20 percent higher, with 80 percent of world trade by volume, with 80 percent of world trade.


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Hormuz traffic drop of 95 percent reshapes global shipping | News Minimalist