Shipping through Hormuz collapses as Iran closes strait | The National
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Source: The National (UAE)
Published: 2026-07-13 01:15 UTC+10:00
Section: General
Factuality Score: 100
Opinion Category: Neutral
Topics: Business, Transport, Middle East, Military & Defence, Iran, Energy, Business & Economy
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Snippet:
Tanker traffic through the Strait of Hormuz collapsed to a fraction of prewar levels after Iran's Islamic Revolutionary Guard Corps declared the waterway closed early on Sunday and struck a Cyprus-flagged container ship, prompting what was a third round of US strikes this week. The attacks are expected to cause more volatility when oil markets open on Monday.
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