Published: Mar 26, 2026, 19:15 IST | Updated: Mar 26, 2026, 19:15 IST
Shipping traffic through the Strait of Hormuz has collapsed amid the US–Iran war, dropping from normal levels to just a handful of vessel movements in the first week of March. This strategic chokepoint - vital for global oil and LNG trade- remains largely constrained by military risk, insurance pullback, and geopolitical instability.