Bloomberg
Schrödinger's Strait of Hormuz: Open or Closed?
Saturday, June 27, 2026
Title: Ship Traffic in Strait of Hormuz Declines Significantly
Two vessels were struck in the Strait of Hormuz on Thursday and over the weekend. Some ships continue to transit the waterway on both the Iranian and Omani sides, though overall traffic has decreased substantially. Daily ship movements have fallen from over 140 in February to approximately 30-40 currently. Ship owners, captains, and energy exporters are reassessing passage through the strait due to safety concerns related to recent incidents.