Iran closes Strait of Hormuz, traffic falls to 6% of normal as demands mount

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AI Fusion Summary

Conflicting reports highlight volatility in the Strait of Hormuz. One source states Iran closed the waterway, causing traffic to plummet to 6% of normal levels, which increased global energy insecurity and geopolitical tensions. Conversely, another report claims traffic skyrocketed nearly 400% as Iran's control weakened. This recovery is attributed to the US quietly shepherding oil tankers using shadow fleet tactics, such as disabling radars and navigating near the coast of Oman to avoid detection.
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