Ship traffic in the Strait of Hormuz has slowed as uncertainty over the waterway persists. This was reported by Qazaqyia.kz citing Reuters.
According to Reuters, traffic on this route, which is a key artery for oil transportation, has significantly decreased. Experts attribute this to geopolitical instability in the region and shipowners' desire to avoid risks.
The Strait of Hormuz is a vital transit point through which about one-third of the world's oil exports pass. The slowdown in traffic could impact the global energy market, potentially leading to higher oil prices.
Citing sources, Reuters reports that some shipping companies are considering alternative routes due to security concerns. This has drawn attention from the International Maritime Organization, which is discussing measures to enhance maritime safety in the region.
The situation in the strait remains unstable, and experts are closely monitoring developments. It is expected that the recovery of traffic will depend on the stabilization of the situation in the region.