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Business & Commerce

Hormuz Shipping Still Faces Major Risks Despite Efforts to Restore Traffic

Last updated: November 2, 2026 8:08 pm
Misbah Jogyat
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Hormuz Shipping Still Faces Major Risks Despite Efforts to Restore Traffic
Hormuz Shipping Still Faces Major Risks Despite Efforts to Restore Traffic
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Commercial shipping through the Strait of Hormuz continues to face serious security risks amid the ongoing US-Iran conflict.

According to recent shipping data, only five commercial vessels crossed the strategic waterway on Saturday, while no crossings were recorded on Sunday. This compares with 31 vessels during the previous weekend.

The situation worsened after attacks on tankers and reports of two oil tankers hitting mines, according to Iran’s Revolutionary Guard.

The disruption is raising concerns about global oil supplies, shipping insurance and transportation costs.

The Strait of Hormuz is a vital route for international energy trade, making its security important for economies around the world.

Although diplomatic efforts are continuing, shipping companies remain cautious about sending vessels through the waterway.

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