Hormuz transits collapse to 7/day, lowest in years amid tanker attacks

Ship-tracking data shows Strait of Hormuz transits fell to seven on Thursday, down from 11 the prior day and well below the 10-day average of 15, indicating a sharp contraction in shipping through the critical chokepoint. The decline follows recent attacks on tankers in the area, suggesting heightened risk perception is deterring vessel traffic. If sustained, this could tighten global oil supply and raise shipping costs, with implications for energy markets.