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Strait of Hormuz traffic lowest in 5 weeks

  • Ship traffic through the Strait of Hormuz dropped to a five-week low Sunday (Kpler counted just six transits), though some vessels are turning off public trackers so actual numbers may be higher.
  • The U.S. says it launched new strikes on Iranian targets to protect shipping and keep the strait open; Iran’s IRGC insists the waterway is Iranian territory.
  • The weekend fighting nudged U.S. pump prices up — average regular gas rose from about $3.80 to roughly $3.87 per gallon.
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