Traffic in the Strait of Hormuz slowed sharply after the US military struck Iran for a second straight day, according to Bloomberg Markets. The escalation puts one of the world’s most important oil shipping chokepoints under fresh pressure and raises the risk of delays for crude and refined product tankers moving in and out of the Gulf.

For tanker markets, any severe disruption in Hormuz can quickly affect vessel routing, port calls, freight sentiment and export timing across Gulf producers. TankerMap flow monitoring will be closely focused on transit speeds, queue build-ups and any shifts in tanker positioning around Gulf loading hubs as the security situation develops.