What will it take for ships to start sailing through the Strait of Hormuz again?
Before the U.S. and Israel attacked Iran on February 28, an average of 100 vessels per day would safely traverse the Strait of Hormuz. On Wednesday, only one or two ships crossed the narrow waterway, according to MarineTraffic, a ship tracking website. Reopening the strait, which ordinarily handles some 20% of daily global oil shipments, is widely viewed … Read more