Brief by Shorts91 Newsdesk / 03:40pm on 04 Mar 2026,Wednesday International
Oil tanker traffic through the Strait of Hormuz has dropped by 90% since the escalation of Middle East tensions last week, according to energy intelligence firm Kpler. Despite the dramatic decline, some vessels continue eastbound and westbound voyages, with several reportedly operating under AIS blackouts, meaning their tracking systems are switched off. The Strait of Hormuz is one of the world’s most critical oil transit chokepoints, linking Gulf producers to global markets. Any disruption there can significantly affect global crude prices and energy security. Analysts warn that prolonged instability in the region could intensify supply chain disruptions, heighten insurance premiums for shipping, and trigger volatility in international oil markets. (PC: X/@Shorts91)
