Strait of Hormuz shipping nearly halts as US-Iran attacks escalate

Transit through the Strait of Hormuz collapsed to a ten-day average of ten ships, the lowest since May, after renewed US-Iran attacks. The US struck three Iranian oil tankers off the Iranian coast in response to Iranian attacks on US naval vessels; Iran claimed it hit an unmanned US vehicle, which the US Navy dismissed. The near-standstill threatens global oil flows through the world's most critical chokepoint, with the risk of a sustained disruption rising.