Strait of Hormuz Daily Vessel Crossings Plummet to 10 from 135 in February, S&P Global Energy Reports
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Strait of Hormuz Traffic Collapses: Daily Crossings Plummet from 135 to 10
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Firstpost•18-03-2026, 15:33
Strait of Hormuz Traffic Collapses: Daily Crossings Plummet from 135 to 10
•Traffic through the Strait of Hormuz has sharply dropped since early March, falling from 135 daily crossings in February to fewer than 10.
•The slowdown disrupts crude flows from the Gulf, causing severe congestion with nearly 850 oil tankers awaiting passage.
•Middle East Gulf crude loadings have halved in March, indicating a significant supply disruption for global markets.
•An estimated 125 million barrels of crude oil are currently stranded in the Gulf due to the bottleneck.
•The disruption poses risks for global energy supply, freight rates, refinery operations, and fuel prices, especially for import-dependent nations like India.
