Gulf Shipping Traffic Down After Houthis Say They Attacked Saudi Tanker The latest round of violence in the Middle East has sent shockwaves through global shipping lanes, with traffic plummeting to alarming levels in key maritime chokepoints.
The Strait of Hormuz and Bab el Mandeb have long been critical waterways for international trade.
Only two vessels transited the Strait of Hormuz on Wednesday, a significant drop from the typical 130 140 ships that pass through before the U. S. Israeli conflict with Iran began in February.