The Strait of Hormuz is splitting into U.S. and Iranian lanes as ship traffic picks up even while fighting intensifies
The Strait of Hormuz is seeing increased ship traffic, with the U.S. military establishing an alternate lane to bypass Iranian-controlled routes. This comes as Iran has threatened to close the strait, leading to a 7% jump in Brent crude prices. Despite ongoing conflict, approximately 70 ships have been guided through the U.S. lane in recent weeks, with many vessels turning off their Automatic Identification Systems to avoid detection. AI
