Strait of Hormuz vessel transits collapse to 5/day as shipping data shows sharp drop

Visible commodity vessel transits through the Strait of Hormuz fell to five per day over the weekend, per shipping data, a dramatic decline from normal levels. The drop suggests escalating risk perception or actual disruption in the world's most critical oil chokepoint, though the cause is not specified in the report. This matters because roughly 20% of global oil consumption passes through Hormuz; a sustained reduction would tighten crude supply and spike energy prices.