U.S. Navy Blockade of Iran Enters Fourth Day, Tanker Traffic in Strait of Hormuz Near Standstill
The U.S. Navy's blockade of Iran's ports has entered its fourth day, with tanker traffic in the Strait of Hormuz nearly at a standstill. Only two vessels were observed transiting the strait, according to LSEG data, as tensions between the U.S. and Iran remain high. Iran has threatened to shut down traffic in the Persian Gulf, Gulf of Oman, and Red Sea in retaliation.
Topics: blockade international trade oil supply disruption Strait of Hormuz U.S.-Iran tensions