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Hormuz Shipping Traffic Has Slowed To A Trickle

Photo by Adem Percem / Unsplash

While some tankers are still making the passage, overall traffic through the Strait of Hormuz has dropped sharply. Vessel-tracking data show commercial ship movements collapsing in recent days, with many operators delaying or rerouting voyages amid escalating tensions in the Gulf. The slowdown underscores the fragility of a chokepoint that carries a large share of the world’s oil supply.

Source: Bloomberg vessel tracking data | Via: @JaymeSimao on X

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Unhappy Anniversary

Unhappy Anniversary

Closing the gold window left the US with a pure fiat currency. The results have been disastrous.

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