The Strait of Hormuz, world’s busiest oil chokepoint, was moving again. Now, it’s at risk of clogging up once more.Earlier this week, ship traffic through the passage surged to a three-month high, before slowing sharply on Friday after a fresh attack in the Gulf of Oman brought an international evacuation
The Strait of Hormuz, world’s busiest oil chokepoint, was moving again. Now, it’s at risk of clogging up once more.Earlier this week, ship traffic through the passage surged to a three-month high, before slowing sharply on Friday after a fresh attack in the Gulf of Oman brought an international evacuation effort to a halt. MarineTraffic data showed that 73 vessels passed through the strategic waterway on Wednesday, more than double Tuesday’s traffic and the highest since shortly after the conflict with Iran began in late February.The increase came after the United States lifted sanctions on Iranian oil earlier this week under a ceasefire agreement between the two countries. Around the same time, the United Nations and the International Maritime Organization (IMO) also launched a humanitarian operation to evacuate 11,000 stranded seafarers along with
