Which month will Strait of Hormuz traffic return to normal?August

Commercial vessels are stranded off the Iranian city of Bandar Abbas in Hormozgan province, awaiting the resumption of shipping traffic after Tehran announced the closure of the Strait of Hormuz on August 12 following the tit-for-tat attacks with the United States.

According to previous Kepler data, the 10-day average of commercial ship traffic through the Strait of Hormuz in late August was 15 ships per day, and new statistics indicate a continued downward trend in traffic.

Strait traffic trends lower • • #MarineTraffic data show vessel traffic declining across both the Strait of Hormuz and Bab el-Mandeb on 25 August. The Strait of Hormuz recorded five confirmed crossings, down 28.6% day on day from seven. Two vessels entered the Middle East Gulf and three exited, with all five using the Iranian Unilateral Scheme. • • Bab el-Mandeb recorded 36 confirmed crossings, down 7.7% from 39. Fifteen vessels entered the Red Sea and 21 exited. Two dark transits were also identified, adding to continued scrutiny of #vessel movements through the region’s key maritime chokepoints.

UK Maritime Trade Operations: We have recorded 18 transits out of the Gulf and 21 into it since February 28, which is about 4% of pre-conflict levels. Transit through the Strait of Hormuz is about 90% lower than pre-conflict levels. The southern route in the Strait of Hormuz is the most dangerous passage and saw 14 of the 16 incidents between July 6 and August 6. There is a continued decline in shipping traffic in the Strait of Hormuz, contrary to US claims.

Tankertrackers, a tanker tracking company, announced on Thursday, August 10, that only five million barrels of oil a day are passing through the US Navy's blockade of the Strait of Hormuz. According to Tankertrackers, the location of the crude oil loading or transfer does not affect this amount, and the total oil passing through this line is five million barrels a day. The latest data from shipping data analysis company Kepler shows that cargo ship traffic through the Strait of Hormuz remains at a very low level, and on Wednesday, August 10, only nine cargo ships passed through this waterway.

Reuters reported on Wednesday, August 19, citing data from MarineTraffic, an international shipping tracking company, that ship traffic in the Strait of Hormuz has decreased and most ship owners are refusing to pass through the waterway. According to the report, the lack of clear signs of the Strait of Hormuz reopening after it was blocked during the Iran-Iran war is the reason why most ship owners are refusing to pass through this route.

UAE oil exports to Asia reduced following disruptions in the Strait of Hormuz Abu Dhabi National Oil Company (ADNOC) is reducing its oil export quota to Asian customers, including China, India, Japan and South Korea, for August and September following the suspension of tanker traffic in the Strait of Hormuz. This reduction is announced more than the usual summer trend and comes at a time when the UAE is facing serious restrictions on oil exports due to its dependence on the Strait of Hormuz. According to reports, UAE oil exports have decreased from about 3.5 to 4 million barrels per day before the crisis to about 1.5 million barrels per day. Get the latest news: Site | ETA | Yes | Rubika | Soroush Plus @snntv

UAE reduces oil sales to Asia Abu Dhabi National Oil Company (ADNOC) is reducing its oil export quota to Asian customers, including China, India, Japan and South Korea, for August and September, following the suspension of tanker traffic in the Strait of Hormuz. This reduction is announced more than the usual summer trend and comes at a time when the UAE is facing serious restrictions on oil exports due to its dependence on Hormuz. According to reports, UAE oil exports have decreased from about 3.5 to 4 million barrels per day before the crisis to about 1.5 million barrels. The attack on several Emirati tankers and the increasing concerns of shipowners have also caused Abu Dhabi to review its export policy. @Farsna - Link

As tensions continue in the Strait of Hormuz, new Kepler data shows that only six commercial ships passed through the Strait of Hormuz on Monday, August 16, down from a 10-day average of 11. Kepler said no crude oil or LNG tankers were recorded among the vessels. Iran International's Marzieh Hosseini reports on the latest reports on ship traffic in the Strait of Hormuz.

The speaker of the Islamic Consultative Assembly and the main negotiator with the United States says Tehran will not reopen the Strait of Hormuz until the US lifts its blockade of Iranian ports and meets some other conditions. On Tuesday, August 16, in a speech before the parliament's order, Mohammad Baqer Qalibaf described Iran's other conditions for reopening the Strait of Hormuz as "the release of frozen assets, the lifting of the oil embargo, and the end of threats and military operations on all fronts, and other conditions" of the Islamabad memorandum of understanding. @VahidHeadline @VahidOnline

FWD from KhabarGraphic: The Line of Invalidation of Statistics and Figures on Trump's Claims about Hormuz The Wall Street Journal, in a report examining ship traffic statistics, transit routes, attacks, insurance costs and the volume of oil that has left the market since the start of the war, presents a picture that is far from Donald Trump's claim about America's "complete control" over the Strait of Hormuz. The sum of these numbers presents a clear picture: maritime traffic has dropped from more than 130 ships per day to 14 ships, the average traffic in July was only 26 and in June 33 ships, out of 166 crossings in August, only two were made through the US-supported route, and insurance costs have also increased from 0.25% to 10%. In addition to removing more than 2.6 billion barrels of oil from the market, these figures show that control of the Strait of Hormuz is in the hands of Iran, not the US. @Khabar_Graphic @TasnimNews

Mohammad Baqer Qalibaf, the speaker of the parliament, said in an online session on Tuesday, August 17, that the Strait of Hormuz will not open until the naval blockade of Iranian ports is lifted, frozen assets are released, the oil embargo is ended, and threats and military operations on all fronts are stopped. He said that the Islamic Republic's military forces, with "intelligent operational planning" and under the leadership of Mojtaba Khamenei, "slapped the enemy in the face so hard that the whole world acknowledged our victory." Qalibaf added that the opportunity created following the memorandum of understanding and ceasefire has helped increase the economic resilience and rebuild the Islamic Republic's defense capabilities. He emphasized: "The Islamic Republic of Iran is ready to inflict a heavier defeat on the enemy than before, commensurate with his actions and encroachments."

Marine Traffic announced that maritime traffic in the two vital waterways of the Strait of Hormuz and the Red Sea had mixed trends last week. Transits through the Strait of Hormuz decreased by 19.5 percent from 118 to 95. Daily traffic also decreased from a peak of 19 on August 10 to just three on August 15.

MarineTraffic: • • Maritime traffic in recent days has split into two routes at two key critical points. • • Traffic through the Strait of Hormuz decreased by 19.5%, falling to 95 crossings from 118 previously. Daily crossings also dropped from a peak of 19 on August 11 to just three on August 16. • • Of the total crossings, 51 used the Iranian route, while 44 were on unidentified routes. Traffic through the Bab el-Mandeb Strait increased by 6.7%, reaching 254 crossings.

There is a greater tendency to use the Iranian route in the Strait of Hormuz Marine Traffic: Marine traffic has been divided into two routes in recent days at two key critical points. Transit through the Strait of Hormuz fell by 19.5 percent to 95, down from 118 previously, and daily traffic fell from a peak of 19 on August 11 to just three on August 16. Of the total crossings, 51 used the Iranian route and 44 were unspecified. Bab al-Mandab crossings increased by 6.7 percent to 254. nournews.ir @Nournews_IR

Hormuz Traffic Falls, Red Sea Resilient • • Maritime traffic diverged across two critical chokepoints last week. Strait of Hormuz crossings fell 19.5% to 95 from 118, with daily traffic declining from a peak of 19 on 11 August to just three on 16 August. Of the total, 51 crossings used the Iranian Unilateral Scheme and 44 were Route Undetermined. No Hormuz TSS or Omani-route crossings were recorded. • Bab el-Mandeb crossings increased 6.7% to 254 from 238, with 150 vessels entering the Red Sea and 104 exiting. Dark transits fell sharply to 16 from 40, although compliance and security exposure persisted, with 29 sanctioned and 39 shadow fleet crossings recorded during the week.

Hormuz Traffic Falls, Red Sea Resilient • • Maritime traffic diverged across two critical chokepoints last week. Strait of Hormuz crossings fell 19.5% to 95 from 118, with daily traffic declining from a peak of 19 on 11 August to just three on 16 August. Of the total, 51 crossings used the Iranian Unilateral Scheme and 44 were Route Undetermined. No Hormuz TSS or Omani-route crossings were recorded. • Bab el-Mandeb crossings increased 6.7% to 254 from 238, with 150 vessels entering the Red Sea and 104 exiting. Dark transits fell sharply to 16 from 40, although compliance and security exposure persisted, with 29 sanctioned and 39 shadow fleet crossings recorded during the week.

Kepler data shows that commercial ship traffic in the Strait of Hormuz has slowed to a near standstill over the weekend after three vessels operated by the Abu Dhabi National Oil Company were attacked. According to Reuters, only five cargo ships passed through the Strait of Hormuz on Saturday, and none were recorded on Sunday, August 15, compared to 31 at the end of last week. Reuters wrote that some ships may have passed through the waterway with silent tracking systems. Before the US-Israeli war against the Islamic Republic in March, more than 130 ships passed through the Strait of Hormuz daily, and one-fifth of the world's crude oil and liquefied natural gas shipments were transported through this route. Abbas Araqchi, the Foreign Minister of the Islamic Republic, has said that the resumption of shipping depends on Washington accepting Tehran's conditions regarding the Strait of Hormuz.

Fox News reported that the memorandum of understanding between the United States and the Islamic Republic technically expires on Monday, August 16, 60 days after it was signed, and so far little progress has been made towards reaching a new diplomatic solution on the reopening of the Strait of Hormuz and the Islamic Republic's nuclear program. According to the report, as the memorandum of understanding nears its expiration, tensions in the region continue. A cargo ship was targeted in the Strait of Hormuz by an unidentified projectile on Saturday, and two Emirati oil tankers were attacked the day before. US President Donald Trump said on Friday that the United States has de facto control over the passage of ships through the Strait of Hormuz, adding: "No ship passes through unless we want it to." He also said that he would soon declare the Strait of Hormuz "United States territory."

The British Maritime Trade Operations Organization announced that three ships were attacked in the Strait of Hormuz within 72 hours and the regional threat level in this waterway has been assessed as "very high." According to the organization, two oil tankers were attacked in the Strait of Hormuz on August 13, and a cargo ship was attacked on August 14 as it entered the strait. The organization did not provide details about the cause of the attacks, how they occurred, or possible damage to the ships in the published information.

The British Maritime Trade Operations Organization said two oil tankers were attacked in the Strait of Hormuz on August 13 and a cargo ship was attacked as it entered the strait on August 14. The organization declared the regional threat level as “very high.”

Three ships passed through the Strait of Hormuz on Friday, below the August average of 12, Reuters reported, citing analysis by shipping tracker Kpler. According to Kpler, a bulk carrier carrying grain was spotted in the strait on Friday entering Iranian waters, while an unladen vessel was heading in the opposite direction. Another unladen tanker, designed to carry liquefied petroleum products, was also heading through the strait to the Persian Gulf. No crude oil shipments were recorded through this sea route on August 14. RBK channel on "Max" RBK app for iOS and Android

Reuters reported that shipping traffic in the Strait of Hormuz has been almost completely halted since Friday, August 13, after two Emirati ships were attacked and the US announced that it could continue its naval blockade of the Islamic Republic indefinitely. According to data from tracking company Kepler, only two ships passed through the waterway on Friday; a grain ship entered Iranian waters and an empty bulk carrier headed in the opposite direction. An empty tanker carrying liquefied gas products was also entering the Persian Gulf, and no crude oil cargo was seen passing.

Statistics and figures refute Trump's claims about Hormuz Wall Street Journal: Maritime traffic has dropped from more than 130 ships per day to 14 ships, the average traffic in July was only 26 and in June 33 ships, out of 166 crossings in August, only two were made through the US-backed route, and insurance costs have also increased from 0.25% to 10%. In addition to removing more than 2.6 billion barrels of oil from the market, these figures show that control of the Strait of Hormuz is in the hands of Iran, not the US. Mizan on social networks @mizanplus‏

Statistics and figures invalidate Trump's claims about Hormuz Wall Street Journal: Maritime traffic has dropped from more than 130 ships per day to 14 ships, the average traffic in July was only 26 and in June 33 ships, out of 166 crossings in August, only two were made through the US-backed route, and insurance costs have also increased from 0.25% to 10%. In addition to removing more than 2.6 billion barrels of oil from the market, these figures show that control of the Strait of Hormuz is in the hands of Iran, not the US. Get the latest news: Site | ETA | Yes | Rubika | Soroush Plus @snntv

The statistics and figures invalidate Trump's claims about Hormuz Wall Street Journal: Maritime traffic has dropped from more than 130 ships per day to 14 ships, the average traffic in July was only 26 and in June 33 ships, out of 166 crossings in August, only two were made through the US-backed route, and insurance costs have also increased from 0.25% to 10%. In addition to removing more than 2.6 billion barrels of oil from the market, these figures show that control of the Strait of Hormuz is in the hands of Iran, not the US. @iribnews

The International Energy Agency (IEA) predicted that the continued closure of the Strait of Hormuz and rising fuel prices would reduce global oil demand by 1.6 million barrels per day in 2026. However, the agency expects demand to increase by 2.4 million barrels per day in 2027 as market conditions improve. According to the agency’s August report, the demand decline will gradually ease in the second half of 2026, and oil consumption will start to grow again in the final quarter of the year. The agency also raised its estimate of the supply deficit in the third quarter of the year to 1.8 million barrels per day, more than double the forecast last month. The International Energy Agency said that global visible oil inventories fell by 69 million barrels in July, and that a total of 410 million barrels have been drawn since the end of February. According to the organization, the rapid decline in reserves has increased the need to reopen the Strait of Hormuz, although the market is likely to face a surplus again by the end of the year.

Chokepoint traffic rises, risks persist • • Maritime traffic increased through both the Strait of Hormuz and Bab el-Mandeb on 11 August, but higher volumes have not translated into normalisation. Hormuz crossings rose to 14, with 11 using the Iranian Unilateral Scheme and none using the traditional TSS route. Bab el-Mandeb recorded 40 crossings, including dark, sanctioned and shadow fleet movements. A new confirmed vessel attack also lifted the cumulative total to 65. For shipping markets, the message remains mixed: trade is moving, but routing constraints, security incidents and diplomatic tensions continue to make both corridors active but fragile. • • Stay ahead of the market with #Kpler Insight:

Shipping traffic through the Strait of Hormuz remained limited yesterday (August 11), with 14 transits recorded, most of them via the Iranian route.

U.S. RAISES OIL PRICE FORECAST ON HORMUZ DISRUPTION • • U.S. energy officials expect Strait of Hormuz constraints to persist through August, limiting oil flows. • • The EIA raised its 2026 Brent crude forecast to $87 a barrel from $82 and lifted its U.S. gasoline estimate to $3.78 a gallon. • • Despite President Trump saying the strait is open, only eight vessels crossed Monday, versus roughly 120 before the war.

Shipping data company Kepler reported that ship traffic through the Strait of Hormuz has fallen to less than half of its previous daily average. The report said that ship traffic through the Strait of Hormuz fell to six on August 10, a significant drop compared to the previous daily average of 11. Before the war, about 130 to 140 ships would normally pass through the strait daily. Sajideh Sharifi, a correspondent for Iran International, reports

Reuters reported that as hopes for a peace deal between the United States and the Islamic Republic dwindled, shipping traffic through the Strait of Hormuz has declined. On Monday, August 9, only six ships passed through the strait, compared to about 130 to 140 ships passing through it daily before the war.

Meeting of the Spokesperson of the Ministry of Foreign Affairs with the media, Monday, August 10, 2021, answer to the eighth question: If you look at this issue logically, you will realize that the Strait of Hormuz was not closed due to a disagreement between Iran and Oman. The reason for the closure of the Strait of Hormuz was the military aggression of the United States and the Zionist regime against Iran and the misuse of the Strait of Hormuz and the use of bases located on the southern shore of the Persian Gulf to attack Iran. Therefore, it is natural that the negotiations between Iran and Oman to determine the shipping route are a bilateral matter between Iran and Oman. Its effects and consequences will certainly affect international shipping and other countries, but in itself, it is a bilateral negotiation between the two coastal states, with a very specific goal, namely an agreement on a safe shipping route through the Strait of Hormuz. The opening of the Strait of Hormuz is subject to the fulfillment of the conditions that have been imposed on the Islamic Republic of Iran, this waterway, and the entire region due to the military aggression of the United States and the Zionist regime. Keep in mind that we are still at war. As long as the US naval blockade continues, such a naval blockade is an act of aggression, according to UN General Assembly Resolution 3314. As long as other US violations continue, the conditions for saying that the Strait of Hormuz has become a safe waterway will not exist. Therefore, it is up to the American side to stop and make amends for its illegal and destructive actions, which began and continued only twenty-one, two days after the signing of the Memorandum of Understanding ending the war, so that we can discuss the next steps later. @MFAIran [in reply to: Meeting of the Spokesperson of the Ministry of Foreign Affairs with the media, Monday, August 19, 1405, Question 8: In the past few days, political and technical negotiations have been held between Iran and Oman regarding safe passage through the Strait of Hormuz, and the two countries have almost reached a final conclusion, but Iranian officials said that this final conclusion and even a statement that leads to it are a necessary condition, but not sufficient. From the perspective of the Islamic Republic of Iran, what are the sufficient and verifiable conditions for the Strait of Hormuz to be fully opened and the naval blockade to end? @MFAIran]

Gulf News reported that the likelihood of a deliberate attack in the Strait of Hormuz in the coming days is assessed as “very high.” Since March 1, there have been 84 confirmed incidents in the waterway, the most recent being an attack on an oil tanker on August 8.

The increase in threats and attacks in the Strait of Hormuz has severely reduced shipping traffic and raised concerns about disruptions to global trade. Maritime agencies have warned that the risk of a new attack remains high. Gulf News reported that the possibility of a deliberate attack in the Strait of Hormuz in the coming days is assessed as “very high.” Since March 1, 84 confirmed incidents have been recorded in the waterway, the most recent of which was an attack on an oil tanker on August 8. According to the report, only 40 US-coordinated ship crossings were recorded from August 5 to 8; compared to an average of about 138 ships passing through this route daily in 2025. The Joint Maritime Intelligence Center also announced that the Revolutionary Guards are monitoring commercial ships and communicating with them via wireless. CENTCOM announced that as of August 9, 53 commercial ships had changed their routes and two vessels had ceased operations. The center predicted that the restrictions on traffic in the Strait of Hormuz would continue for at least the next 24 to 48 hours, with ships ready for surveillance, radio calls, and possible inspections.

Confirming a report of an attack on a vessel on August 8, the British Maritime Trade Operations (MTO) announced on the X-Channel that a vessel belonging to the Abu Dhabi National Oil Company (ADNOC) was attacked in the Strait of Hormuz on Saturday afternoon. The fire was contained and it returned to Fujairah after completing its route.

Vessel tracking data and maritime imagery show that shipping traffic in the Strait of Hormuz remains affected by the US-Iran war and uncertainty about shipping security. Despite ongoing negotiations to reopen the waterway, vessel traffic has not yet returned to normal levels. Maritime intelligence firm Windward had previously reported that only 12 vessels had passed through the Strait of Hormuz in the 24 hours ending on the morning of August 6, compared to around 140 vessels passing through the route daily before the disruption.

Windward Maritime Intelligence reported that traffic through the Strait of Hormuz had dropped to 12 vessels in the 24 hours ending on the morning of August 6, down from about 140 vessels a day before the disruption. According to the company’s data, six vessels entered the Strait of Hormuz and six left. Windward also reported that three vessels had lost their Automatic Identification System (AIS) signals while passing through the southern corridor overnight, each for about 12 hours. A bulk carrier also went directly from Iran to a military port in Oman after leaving the strait, which Windward’s AI system assessed as one of the most serious attempts to break the blockade. Another vessel changed course and returned before reaching the Strait of Hormuz.

Windward tracked 12 Hormuz transits in the 24 hours to 21:00 UTC 5 August: 6 inbound, 6 outbound, against a ~140-vessel pre-disruption baseline. • • 3 vessels ran AIS-dark overnight ~12h each via the southern corridor. One outbound bulk carrier routed straight from Iran to a military anchorage in Oman, flagged by Windward Maritime AI as tier 1 blockade-breaker candidate. • • One vessel approached inbound toward Iraq, then reversed course short of the strait.

Windward tracked 12 Hormuz transits in the 24 hours to 21:00 UTC 5 August: • 6 inbound, 6 outbound, against a ~140-vessel pre-disruption baseline. • • 3 vessels ran AIS-dark overnight ~12h each via the southern corridor. One outbound bulk carrier routed straight from Iran to a military anchorage in Oman, flagged by Windward Maritime AI as tier 1 blockade-breaker candidate. • • One vessel approached inbound toward Iraq, then reversed course short of the strait.

Kepler: Danger level in Strait of Hormuz remains high Maritime danger remains high. Maritime traffic is moving in different directions at two critical points. Transits through the Strait of Hormuz decreased to eight vessels on August 4, with most vessels leaving the Persian Gulf and their routes centered around Iran’s unilateral plan. Transits through Bab al-Mandab increased to 34 vessels, but four dark transits, activity by sanctioned vessels and movements of the shadow fleet highlight ongoing concerns about transparency of routes and compliance with regulations. Get the latest news: Site | ETA | Yes | Rubika | Soroush Plus @snntv

Kepler: Danger remains high in Strait of Hormuz Maritime danger remains high. Maritime traffic is moving in different directions at two critical points. Transits through the Strait of Hormuz decreased to eight vessels on August 4, with most vessels leaving the Persian Gulf and their routes centered around Iran’s unilateral plan. Transits through Bab al-Mandab increased to 34 vessels, but four dark transits, activity by sanctioned vessels, and movements of the shadow fleet highlight ongoing concerns about transparency of routes and compliance with regulations. @TasnimNews

Kepler, stating that maritime risks remain high, reported that ship transits through the Strait of Hormuz had decreased to eight on August 4, while traffic through Bab al-Mandab had increased to 34.

18:01/August 4 Operational Assessment: An average of one offending vessel is hit daily in the Strait of Hormuz. CENTCOM escorts have been suspended and strikes on Iranian military infrastructure on the southern coast and islands have not affected Iran's ability to monitor and control the Strait.

CNN reported that while US Treasury Secretary Scott Bessant expressed hope that an agreement with the Islamic Republic to resume shipping through the Strait of Hormuz could be reached “by Tuesday or Wednesday,” shipping analysts say that fewer than 10 ships typically pass through the waterway daily. According to Clapperboard data, only nine crossings of the Strait of Hormuz were recorded on Sunday, August 1, and only two of them were oil tankers. The report also said that some vessels are traveling with their tracking systems turned off, making it difficult to assess the situation. The CEO of Saudi Aramco also said that even if the Strait of Hormuz were to reopen today, it could take up to 18 months to recover from the loss of oil reserves. He also estimated that global markets are losing more than 100 million barrels of oil per week due to the restrictions on traffic in the Strait of Hormuz.

The British Maritime Trade Operations Organization announced in a statement released on Sunday, August 1, that a liquefied natural gas (LNG) ship and an oil tanker were attacked on Saturday, August 1, in the north and northeast of the Strait of Hormuz. The statement said the regional threat level remained "severe." Disruptions to satellite navigation systems (GNSS) and military activity in the region continued, and commercial traffic through the Strait of Hormuz remained at a lower level than usual. The report also said that shipping companies remained cautious, with some of them postponing ship passage or changing the timing of voyages.

The UK's Maritime Trade Operations Authority announced that two tankers, one carrying natural gas and the other carrying crude oil, were attacked in the north and northeast of the Strait of Hormuz on Saturday, August 1. The regional threat level remains high and disruption to maritime navigation systems continues.

On Tuesday, August 26, Deputy Foreign Minister of the Islamic Republic of Iran, Kazem Gharibabadi, said in a televised interview that the Islamic Republic's policy is that the Strait of Hormuz "will never return to the pre-war situation." He added that any European ship that tries to approach the Strait of Hormuz will be a "legitimate target" of the Islamic Republic. Gharibabadi also said that Oman had proposed sending a country to clear mines in the southern part of the Strait of Hormuz, but the Islamic Republic has opposed this request. He stressed that the Islamic Republic has not made any requests for negotiations with the United States in the past 15 days, and it was the United States that requested negotiations through Oman and sent a message that it would not take military action against the Islamic Republic. Gharibabadi also said: "A naval blockade cannot force the Islamic Republic to negotiate. We were under the most extensive sanctions after the 1979 revolution and we have learned how to live under severe sanctions.”

15:41/ 28 August The Strait of Hormuz is still closed and violating ships are being hit. An hour ago, a violating oil tanker that was trying to pass through the southern route exploded.

According to Kepler data, on Thursday, August 1, only one tanker passed through the Strait of Hormuz and no tankers entered the Persian Gulf. Mehdi Moslehi, an oil market expert, referring to the sharp decrease in tanker traffic through the Strait of Hormuz, says that the waterway has effectively been placed in a state of “unofficial closure” without an official announcement. According to him, the increase in war insurance costs and the refusal of ship owners to enter the region have affected energy supply and maritime trade and could lead to an increase in oil prices, transportation costs and commodity prices around the world.