Bloomberg
Schrödinger's Strait of Hormuz: Open or Closed?
Saturday, June 27, 2026
Title: Strait of Hormuz Traffic Declines Following Incidents
A ship was struck in the Strait of Hormuz on Thursday, with another incident reported over the weekend. Despite these events, some vessels continue to transit the strait on both the Iranian and Omani sides. Daily ship movements have declined from over 140 in February to approximately 30-40 currently, according to Bloomberg News. Ship owners, captains, and energy exporters are reassessing passage through the waterway in light of recent incidents.