Strait of Hormuz Crisis: 700 tankers pile up as security fears paralyse shipping amid US–Iran escalation, says report
Oil tanker traffic through the Strait of Hormuz has declined as security risks have increased amid escalating tensions in West Asia after the US-Israel strikes on Iran and the Islamic nations’ retaliatory strikes. Shipping activities have almost halted due to a conflict involving more than 700 ships gathered on both sides of the strategic route,…