Hormuz transits collapse to 7/day, lowest since escalation

Ship-tracking data shows Strait of Hormuz transits fell to seven on Wednesday from 12 the prior day, well below the 10-day average of 14. The sharp drop suggests heightened naval or security activity in the strait, likely tied to ongoing regional tensions, though the cause is not specified. This signals a potential supply-chain disruption for oil and gas flows, with implications for global energy markets.