Strait of Hormuz

This is well below the 10-day average of 15

Strikes highlight US’ difficulty pivoting from active hostilities to economic warfare against Iran

In July, vessels transiting the waterway rise 27% year on year to 1,340

This underscores risks of further escalation in the war, days after both sides traded blows again

Iran says a new restricted zone outside of Hormuz will be declared in the coming days

Commercial tankers now being deliberately used as instruments of reciprocal economic pressure

US campaign to throttle Iran’s economy growing increasingly difficult to withstand

Unlike in the past, the group’s supply decisions have had a limited impact on the market

Exchange of attacks followed an escalation in the past week