Traffic through the Strait of Hormuz remains severely disrupted nearly six months into the US-Iran conflict, with vessel movements still well below normal levels despite efforts to maintain commercial navigation. While some traffic continues to transit the waterway, volumes remain a fraction of pre-conflict levels as security concerns, elevated insurance costs, and ongoing military tensions deter ship operators. Recent drone and missile attacks targeting vessels linked to the United Arab Emirates, along with continued threats attributed to Iranian-backed forces, have further heightened concerns about the safety of shipping in the region and reinforced the perception that the Strait remains an active conflict zone. Maritime security agencies have recorded numerous incidents involving vessel damage, near misses, and vessel losses in the Strait of Hormuz, the Persian Gulf, and the Gulf of Oman, prompting many operators to reassess voyage risks. Analysts continue to describe the situation as a strategic standoff in which neither the United States nor Iran exercises full control over the waterway. Given that the Strait normally handles approximately 20% of global oil trade, ongoing disruptions continue to place pressure on energy markets, supply chains, and global shipping networks.
