Iranian Forces Redirect Ship Navigation Amid Hormuz Shutdown

The Strait of Hormuz, a vital artery for global oil and gas trade, has seen shipping traffic plummet by over 95% following Iran’s effective shutdown of the waterway. Tehran announced on March 2 that the strait, responsible for the flow of one-fifth of the world's energy supplies, would remain off-limits to most international vessels amid heightened tensions with the United States. The move follows escalating hostilities, including U.S.-Israeli strikes on February 28 and subsequent retaliatory wa