UN Says Hormuz Shipping Down 95%

Ship traffic through the Strait of Hormuz has dropped by more than 95%, according to the United Nations, following the conflict involving the United States, Israel, and Iran.

In simple terms, one of the world’s most important oil routes is almost completely blocked. Before the conflict, about one-fifth of the world’s oil passed through this narrow waterway every day.

As a result, the global impact is already being felt. Food prices have risen by around 6%, while oil prices in Europe have jumped by more than 50%. This shows how disruptions in one key land can quickly affect economies worldwide.

The crisis began after military strikes triggered retaliation from Iran, which then restricted access to the strait. Although a ceasefire is currently in place, the situation remains tense, with limited shipping activity and ongoing military pressure.

The US has imposed a blockade on ships linked to Iranian ports, while Iran continues to control movement through the waterway.

Overall, this situation highlights how fragile global trade can be—when a single route like the Strait of Hormuz is disrupted, it can affect energy supplies, food costs, and economic stability around the world.

Source: Newstimehub