What cargo is moving through Strait of Hormuz as shipping drops 95%
- Posted on March 23, 2026
- By Business News Today
- 5 Views
What cargo is moving through Strait of Hormuz as shipping drops 95%
Shipping through the Strait of Hormuz has plunged 95% since the war began, with only limited crossings—mostly Iranian oil and gas vessels—recorded. A few ships are using a reported Tehran-approved route, while sanctioned and shadow fleet tankers dominate traffic. Most oil shipments continue to head towards Asia, particularly China, amid severe disruption.