Hormuz Strait traffic tapers amid war as tankers await passage: CAS

The number of ships transiting the Strait of Hormuz has continued to taper since the start of the war in the Middle East, falling to just four ships on March 8 from 91 seen on Feb. 28, according to S&P Global Commodities at Sea data collected on March 9. AIS signals from S&P Global’s Market Intelligence Network showed four ships transiting the Strait as of March 8, comprised of an Iranian MediumThe number of ships transiting the Strait of Hormuz has continued to taper since the start of the war in the Middle East, falling to just four ships on March 8 from 91 seen on Feb. 28, according to S&P Global Commodities at Sea data collected on March 9. AIS signals from S&P Global’s Market Intelligence Network showed four ships transiting the Strait as of March 8, comprised of an Iranian MediumRead More