Iran war live: Qatar warns of ‘industrial catastrophe’ if crisis continues

The Strait of Hormuz is seeing a significant drop in daily commodity ship transits, with only an average of 10 ships passing through each day over the past ten days—the lowest level since May. This decline has raised concerns in Qatar, which warns of an impending "industrial catastrophe" if the crisis continues. The Strait of Hormuz is crucial for global oil supply, and its disruption could have severe economic and geopolitical ramifications, impacting everything from energy prices to international trade. This situation underscores the urgent need for diplomatic efforts to resolve the underlying tensions.