Muted traffic in Hormuz strains Gulf economies

• Seven ships pass vital waterway in a day, compared to pre-war average of 140• Iranian lawmaker says military to manage maritime route as UN chief urges toll-free waterway• UAE rebukes Gulf allies for ‘meek’ political and military response to Tehran strikes• Germany’s Merz says US being humiliated by Iranian leadership LONDON/TEHRAN: Amid the US-Iran conflict that led to the closure of the Strait of Hormuz, only seven ships, mostly dry bulk vessels, crossed the vital maritime route in one day c...