Trade Policy & Tariffs
High ImpactAug 17, 2026Hormuz Strait Crossings Plunge as US-Iran Ceasefire Collapses
The expiration of a US-Iran ceasefire has triggered a sharp decline in vessel crossings through the Strait of Hormuz, one of the world's most critical maritime chokepoints. Approximately 21% of global
WWD#strait-of-hormuz#us-iran-tensions#oil-shipping-disruption