Increased Traffic in Hormuz Strait Amid Rising Regional Risks

This week, the Hormuz Strait has seen an increase in traffic, though analysts caution that more vessels are turning off their Automatic Identification System (AIS) tracking signals during passage. According to Odaily, Lloyd's List, a shipping industry publication, reports that tanker owners are preparing for prolonged shipping disruptions as regional risks remain high. Current traffic levels are still significantly lower than pre-conflict figures, when approximately 130 vessels passed through the strait daily, carrying about 20% of the world's oil and gas supply.