Hormuz Traffic Falls to Multi-Week Low as Strike Exchange Intensifies
🚢 HORMUZ — Traffic was already at 11-15 ships; now it's dropping further. 📌 LOOK CLOSER: Pre-war baseline was 110 vessels daily. Each strike wave pushes the remaining carriers out. Below a critical threshold, insurers reprice or exit entirely — making the closure self-enforcing without Iranian interdiction. That's the real leverage: CENTCOM can degrade IRGC, but can't compel shipping back into a warzone.