Strait of Hormuz traffic falls off sharply as ceasefire wobbles

Eight vessels transited the contested Strait of Hormuz April 19, a drop of roughly two-thirds from the day before, S&P Global Commodities At Sea said in an April 20 report. Many ships approaching the strait turned back April 19, CAS said, in response to shots being fired at multiple ships and Iranian insistence that the narrow waterway was closed to commercial traffic. At least 39 vessels movedEight vessels transited the contested Strait of Hormuz April 19, a drop of roughly two-thirds from the day before, S&P Global Commodities At Sea said in an April 20 report. Many ships approaching the strait turned back April 19, CAS said, in response to shots being fired at multiple ships and Iranian insistence that the narrow waterway was closed to commercial traffic. At least 39 vessels movedRead More