International tracking data indicates halted shipping near the Hormuz Strait, as European governments advise flagged vessels to steer clear amid escalating security concerns.
On February 28, international tanker tracking data revealed that vessel speeds near the Hormuz Strait dropped to zero, indicating halted shipping activity. Several European governments issued orders for tankers flying their national flags to avoid the area due to heightened security risks. The Hormuz Strait, a key maritime chokepoint for global oil shipments, is now experiencing disruption that could impact international energy markets.