Jacob Smith

7 Apr 2026

Shipping traffic through the Strait of Hormuz has nearly collapsed, d… – Jacob Smith

Shipping traffic through the Strait of Hormuz has nearly collapsed, dropping over 95% since the conflict escalated. Oil tankers, once a common sight, are now virtually absent, signaling a massive disruption to global energy supply chains. With no clear recovery in sight, this slowdown is pushing oil prices higher and intensifying concerns over long-term economic impact worldwide. #StraitOfHormuz #OilCrisis #Shipping #GlobalTrade #EnergyCrisis #Markets #Economy #Geopolitics #SupplyChain #WorldNew