UN Reports Sharp Decline in Ship Traffic Through Strait of Hormuz
Speaking to reporters at UN headquarters in New York on Tuesday, spokesperson Stéphane Dujarric said that “ship transits related to the Strait of Hormuz have decreased by 95.3% since 28th February,” adding that the disruption has also had wider economic consequences.
He noted that commodity food prices have increased by 6%, while crude oil prices in Europe have surged by 53% over the same period.
Dujarric was referring to the start of large-scale military strikes carried out by the United States and Israel on Iranian territory, which triggered retaliatory missile and drone attacks from Tehran.
According to reports, Iran also announced restrictions affecting access to the strategic waterway during the escalation.
The Strait of Hormuz, one of the most important energy transit routes in the world, normally carries around one-fifth of global oil supplies each day, making it a critical chokepoint for international energy markets.
Since early March, however, the corridor has experienced severe disruption linked to the conflict, which has since entered a ceasefire phase while diplomatic negotiations continue in an effort to secure a longer-term settlement.
According to reports, during the truce period the United States imposed restrictions on vessels traveling to and from Iranian ports, while Iran has continued to intercept or challenge ships passing through the strait without authorization, further contributing to instability in the region’s maritime traffic.
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