How a 95 percent drop in Hormuz traffic changed global shipping
Six months into the United States-Israel war on Iran, the closure of the Strait of Hormuz continues to drive one of the worst maritime shipping disruptions in decades. Traffic through the 33km (21-mโฆ
Six months into the United States-Israel war on Iran, the closure of the Strait of Hormuz continues to drive one of the worst maritime shipping disruptions in decades.
Traffic through the 33km (21-mile) chokepoint has fallen from more than 100 vessels a day to just five, disrupting the flow of oil, gas and goods worldwide.
Al Jazeera visualises how a crisis in one narrow passage has disrupted an industry that carries about 80 percent of the worldโs trade.
Almost everything people buy, from the fuel in their cars to the grain in their bread, has likely spent time on board a vessel at sea.
About 80 percent of world trade by volume moves by sea at some point, making maritime shipping essential to the global economy, according to UNCTAD, the UNโs trade and development body.
Not all ships are created equal. Different vessels are built for various purposes, from moving oil to the goods we rely on every day.
The Strait of Hormuz is a critical chokepoint for global energy trade. It is one of three main gateways in the Middle East, carrying more than one-third of global seaborne crude oil and nearly one-third of liquefied petroleum gas (LPG) flows, along with significant volumes of liquefied natural gas (LNG) and refined petroleum products.
โThatโs probably the first time weโve really seen a major constriction of a choke point,โ Richard Matthews, director of consultancy and research at Gibson Shipbrokers, a London-based shipbroking and maritime advisory service, told Al Jazeera.
Read Full Story at Al Jazeera โ


