July 18 (V7N)- Ship traffic through the Strait of Hormuz continues to decline as tensions between the United States and Iran escalate, raising fresh concerns over global energy security.
According to a BBC report published on Saturday, the number of vessels transiting the strategic waterway dropped to its lowest level in the past three weeks on Thursday.
Data from marine intelligence agency Kepler showed that only eight ships passed through the Strait of Hormuz that day. Of those, seven vessels used routes approved by Iranian authorities, reflecting the growing impact of heightened security restrictions in the region.
The International Energy Agency (IEA) has warned that prolonged disruption in the Strait of Hormuz could pose a serious threat to global energy security, as the waterway remains one of the world's most critical oil shipping routes.
Analysts say the continued US airstrikes on Iran, alleged violations of the ceasefire agreement and the ongoing naval blockade are likely to prolong the crisis, keeping commercial shipping under pressure and increasing uncertainty in global energy markets.
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