Tanker transits through the Strait of Hormuz fell from 74 to 22 ships in four days after US strikes on Iran reignited shipping fears and pushed oil prices

This is due to carriers' concerns over the latest escalation of the conflict between the US and Iran

Tanker traffic through the Strait of Hormuz has declined as shipowners reassess security risks following renewed Iranian attacks on commercial vessels and U.S. retaliatory strikes.