Commodity Ship Transits In Hormuz Hit Lowest Level Since Start Of War

Commodity ship traffic through the Strait of Hormuz fell this week to its lowest level since the beginning of the war despite a brief US attempt to reopen the strategic waterway, according to data from marine analytics firm Kpler.

Kpler, which tracks only commodity-carrying vessels, recorded just one transit on Monday and none on Tuesday, the fewest seen since the start of the war triggered…