Six months since Hormuz closure: Maritime trade falls by 85%

From 95 voyages a day before the war to around 10 voyages today, the decline reflects the scale of the collapse in maritime traffic. Ships are now taking separate routes, either north along the Iranian coast or south along the Omani coast. Before the war, around one-fifth of the world’s oil and LNG exports passed through this strategic strait, but the crisis extends beyond trade. Around 6,000 seafarers and nearly 500 vessels have remained stranded in Gulf waters since the war began.