Shrinking Hormuz flows reflect deepening regional tensions
- Traffic through Hormuz dropped by 11% last week, compared to the previous week
- After the security situation deteriorated over the weekend, just four vessels have transited Hormuz
- Iran-linked vessels accounted for 46% of all strait traffic last week
Transit volumes through the Strait of Hormuz continue to drop amid escalating security concerns, with weekly figures from Lloyd’s List Intelligence showing a fall from 44 to 39 passages
