Strait of Hormuz Ship Traffic Plummets Amid Doubts Over US-Iran Deal
Ship traffic through the Strait of Hormuz has dropped to a three-month low, sitting roughly 90% below pre-attack averages as prospects for a U.S.-Iran deal waver.
- Strait of Hormuz ship traffic is near a three-month low.
- Traffic is down 90% compared to daily averages before the Feb. 28 attacks.