Traffic through the Strait of Hormuz slowed to near-standstill conditions on Thursday after the US struck Iran for a second consecutive day, according to Bloomberg Markets. The report points to rising uncertainty around a fragile ceasefire, with the security picture worsening in one of the world’s most important oil and product shipping chokepoints.
For tanker markets, any disruption in Hormuz directly affects crude and refined product flows from the Gulf, voyage timing and risk assessments for shipowners and charterers. TankerMap data users should watch for knock-on effects in regional port calls, waiting patterns near the strait and any diversion or delay across Gulf export routes.