Hormuz traffic slumps as US, Iran trade strikes

Shipping traffic through the Strait of Hormuz has taken a sharp decline, especially through the UN-backed Omani route, following a series of vessel attacks earlier this week and escalating tensions between the United States and Iran. Many ships are now avoiding the southern Omani route that had been heavily used in recent weeks. This shift in maritime traffic underscores the broader geopolitical ramifications of the renewed conflict, highlighting how regional instability can disrupt global trade routes.