Business
Strait of Hormuz Tanker Traffic Climbs Sharply, but It Remains Well Below Prewar Shipping Levels
Tanker traffic through the Strait of Hormuz rose more than 30% over the past week, according to new maritime tracking data, marking a notable improvement even as shipping through the critical energy chokepoint remains far below levels seen before the war between the United States, Israel and Iran began six months ago.
There were 114 transits through the strait between Aug. 17 and Sunday, up from 87 the previous week, according to figures from Lloyd’s List Intelligence cited by USNI News. The increase was driven mostly by tankers and gas carriers, with at least 42 westbound transits into the strait recorded during the latest window, compared with 29 the week before. Lloyd’s data showed the ships tracked included crude tankers operated by Sinokor, the Abu Dhabi National Oil Co. and its subsidiary Adnoc, as well as vessels owned by Saudi Arabia and Kuwait.
Even with the increase, the numbers remain a fraction of pre-war activity. Before the conflict began Feb. 28, roughly 100 vessels passed through the strait daily, according to shipping data compiled by CNN using figures from the analytics firm Kpler. As of Aug. 18, 172 days into the war, a total of 3,456 vessels had crossed the strait since fighting began, reflecting the extended disruption to what is normally one of the world’s busiest maritime corridors for oil and liquefied natural gas.
The Strait of Hormuz has been at the center of the broader conflict since the United States and Israel launched an air campaign against Iran in late February, an operation that included the killing of Iran’s supreme leader, Ayatollah Ali Khamenei. Iran responded by attacking shipping it deemed noncompliant with its demands, laying sea mines in the waterway, and at various points effectively shutting the strait to commercial traffic altogether. According to the Congressional Research Service, roughly 25% of the world’s maritime trade in crude oil and petroleum products, along with about 19% of global liquefied natural gas shipments, normally passed through the strait before the war.
The conflict has moved through several distinct phases in the months since. The United States and Iran reached a ceasefire in April and signed a memorandum of understanding in June that included commitments from Iran to make its best efforts toward ensuring safe passage for commercial vessels. That arrangement broke down in July, when Iranian forces resumed attacks on ships they viewed as violating their transit demands, reigniting hostilities that have continued into the current month.
Iran and Oman have spent recent weeks negotiating a proposed framework for a temporary shipping corridor through the strait, with regional officials describing an outline of the plan as recently as Aug. 25, according to CNN’s reporting. Iranian officials have said any agreement remains contingent on further concessions from the United States, including what Tehran has described as a return to the terms of the June memorandum, and Iranian state media reported that Pakistan’s army chief, Field Marshal Asim Munir, traveled to Tehran this week to help open space for renewed negotiations between Iran and Washington.
President Donald Trump has repeatedly said the strait is effectively open despite the disrupted shipping data, telling reporters at one point that mines in the waterway have all been cleared or detonated and warning that any new Iranian mine-laying attempts would be met with force. Iranian officials, meanwhile, have continued to issue their own warnings. Iran’s Supreme National Security Council secretary, Mohsen Rezaei, said this week that vessels violating Iran’s transit rules could face penalties including detention or confiscation, and separately threatened to halt oil flow through the strait entirely if neighboring Gulf states cooperate with a renewed U.S. economic pressure campaign against Tehran.
Attacks on individual vessels have continued intermittently even as overall traffic edges upward. An unidentified tanker was struck by an unknown projectile while transiting the strait on Aug. 25, according to maritime intelligence firm Windward, though the resulting fire was extinguished and the crew was reported safe, with no responsibility for the strike claimed by any party. Separately, the state-owned Abu Dhabi National Oil Company said two of its vessels were attacked while transiting the strait earlier this month, though the company reported no injuries and did not identify who was behind that incident.
The prolonged disruption has had wide-reaching economic consequences well beyond the Gulf region. U.S. gas prices have remained sharply elevated compared with a year earlier, with the American Automobile Association noting that this August could rank among the most expensive on record for the month. The International Energy Agency has separately warned that global oil stockpiles are being drawn down at a rapid pace as the strait remains a bottleneck, even as oil prices themselves have fluctuated based on shifting expectations about the war’s trajectory rather than steadily rising alongside supply concerns.
As talks between Iran, Oman and the United States continue without a clear resolution, shipping through the strait is likely to remain volatile, according to maritime analysts tracking the situation, with vessel operators increasingly relying on tactics such as disabling automatic tracking transponders and rerouting through alternate anchorages to reduce the risk of attack while still moving cargo through one of the world’s most important energy corridors.
Business
Five Defense Stocks Surprise As Aerospace Leaders, Up 80% This Year
Demand for military equipment, munitions and components has soared this year amid various global conflicts while the U.S. looks to restock its arsenal and reshape its defense supply chain and NATO members hike their spending contributions. Despite all of those positives, the almost 100 stocks in the defense/aerospace industry group are collectively flat to lower for the year. Some of…
Copyright ©2026 Investor’s Business Daily, LLC. All rights reserved. 87990cbe856818d5eddac44c7b1cdeb8
Business
Chevron: Current Venezuelan Possible Agreement Is Not A Near-Term Solution
Chevron: Current Venezuelan Possible Agreement Is Not A Near-Term Solution
Business
BYD’s Overseas Push Drives Quarterly Profit Growth
BYD’s net profit rebounded despite slightly lower revenue in the second quarter, showing that the world’s top electric-vehicle seller may have turned a corner with the help of its rapid expansion overseas.
China’s leading carmaker has been working to put soft domestic sales in its rear-view mirror following an intense price war and slowing demand in the world’s largest auto market. Its exports now account for a rising share of total sales volume as the EV maker bets on its overseas growth, especially in Europe and Latin America, to drive its next phase of expansion.
Copyright ©2026 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
Business
Element Solutions: The Merger Was Noise, The Case Still Stands
Element Solutions: The Merger Was Noise, The Case Still Stands
Business
Pulpwood Market Collapse Hits South’s Forest Economy
The South is bearing the brunt of a historic run of pulp- and paper-mill closures, the WSJ’s Ryan Dezember writes. Recycled boxes, cheap imported pulp and more thrifty packing by e-commerce giants, including Amazon, have hit demand.
Last year, the U.S. shed roughly 10% of its capacity to produce containerboard, the thick paper used to make shipping and moving boxes. Demand for pulpwood—trees unfit for making lumber but fine for cardboard and paper—plummeted. So did demand for wood chips, sawdust and other byproducts.
Copyright ©2026 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
Business
VCN:CA – A Strong Option For Canadian Equity Investors (TSX:VCN:CA)
I have rebranded to embrace my working-class and public school roots. This is a testament for how successful investing can be life changing.I have worked in Financial Services for over 15 years. I have a Bachelors in Finance, where I was a scholarship Division 1 athlete (tennis). After working in NY for three years, I relocated to North Carolina for my MBA and I am fortunate to split my time between Charlotte & Asheville.I keep my portfolio up-to-date and take pride in writing about funds, stocks, and sectors I actually invest in. I know my followers appreciate this approach.My strategy: Invest in quality, diversify, add at the right times, and focus on the long run. Chasing risk, trying to get “rich” quickly, or following advice you don’t understand are all pitfalls I made. That experience was a great teacher and I hope to help others learn what I have along the way.Broad market: DIA, VOO, QQQM / TDIV, RSPSectors/Non-US: XLE / IXC; IDU / BUI, FEZ, SCHF, BBCA, FLGB, EWJ, EWYMetals: CEF, SGOL, SLV, XMEStocks: JPM, MCD, WMT, MAADebt: Municipal bonds from NCI also contribute to the investing group CEF/ETF Income Laboratory where I specialize in macro analysis. Features of CEF/ETF Income Laboratory include: managed income portfolios (targeting safe and reliable ~8% yields) making use of high-yield opportunities in the CEF and ETF fund space. These are geared toward both active and passive investors of all experience levels. The vast majority of holdings are also monthly-payers, for faster compounding and steady income streams. Other features include 24/7 chat, and trade alerts. Learn more.
Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, but may initiate a beneficial Long position through a purchase of the stock, or the purchase of call options or similar derivatives in VCN:CA over the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.
I own BBCA
Seeking Alpha’s Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.
Business
Nvidia Will Be The Most Profitable Company In The U.S. Next Year
Nvidia (NVDA) was already the S&P 500’s market value champ. But now, its dominance is carrying over to its business fundamentals — poising it to reshape the index and economy. Following a blowout quarter at AI chip design firm Nvidia, analysts scrambled to jack up profit forecasts for the company. And they now think Nvidia’s adjusted net income will surpass…
Copyright ©2026 Investor’s Business Daily, LLC. All rights reserved. 87990cbe856818d5eddac44c7b1cdeb8
Business
Why I Am A Dividend Growth Investor (At Age 35)
Austin Rogers is a REIT specialist with a professional background in commercial real estate. He writes about high-quality dividend growth stocks with the goal of generating the safest growing passive income stream possible. Since his ideal holding period is “lifelong,” his focus is on portfolio income growth rather than total returns. Austin is a contributing author for the investing group High Yield Landlord, one of the largest real estate investment communities on Seeking Alpha, with thousands of members. It offers exclusive research on the global REIT sector, multiple real money portfolios, an active chat room, and direct access to the analysts. Learn more.
Analyst’s Disclosure: I/we have a beneficial long position in the shares of ADC, CWEN, HASI, CTRE, EGP, SCHD, CDL, TBG, WTV, CGDG, MLPX, UTES either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.
Seeking Alpha’s Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.
Business
Mutinous soldiers attack airport, presidency in Niger capital, sources say

Mutinous soldiers attack airport, presidency in Niger capital, sources say
Business
Guildford barber offers free back-to-school haircuts
A barber is offering free back-to-school haircuts, stationery and school essentials to help families facing rising costs.
Sid Gumbrell, who runs Clean Cuts Barber Shop, in Guildford in Surrey, is hosting the event from 09:00 BST to 17:00 on Sunday.
Children will also be able to pick up free stationery, pencil cases and water bottles.
“To be honest, I know the struggles with the cost of things at the moment,” Mr Gumbrell said. “School uniforms, shoes, haircuts, etc, it all adds up and if we can just help take one cost away it’s a massive deal for us.”
He said the event was aimed at bringing children together while helping families with the cost of living.
The day is being supported by Tesco and Krispy Kreme, which have donated towards the event.
Follow BBC Surrey on Facebook, external, X, external, and Instagram, external and listen to BBC Radio Surrey on Sounds. Send your story ideas to southeasttoday@bbc.co.uk , externalor WhatsApp us on 08081 002250.
-
Crypto World4 days agoSpaceX stock could rise 75% to $240, JPMorgan says
-
Crypto World2 days agoBitcoin’s 22% rally now needs real demand to outlast Treasury liquidity boost
-
Business7 days agoMusk’s Tesla, SpaceX Confirm $16.8 Billion ‘Terafab’ Chip Plant as World’s Largest Building in Texas
-
Fashion19 hours agoWeekend Open Thread: Maeve – Corporette.com
-
Crypto World5 days agoA $30 Billion AI Fund Implodes, Now the SEC Is Investigating Wall Street’s Role
-
Crypto World3 days agoWarsh Jackson Hole keynote puts financial innovation first
-
Business1 day agoSalesforce Stock Soars 19% as Blowout Earnings and Agentforce AI Growth Silence Software Skeptics
-
Crypto World3 days agoDid Trump Just Move SpaceX Stock With One Truth Social Post?
-
Business6 days agoMystery AI Model ‘Ox Alpha’ Draws Developers With Free Access as Chinese Lab Origins Remain Debated
-
Business3 days agoWalmart takes aim at younger shoppers with new fashion brand
-
NewsBeat3 days agoLindsay Clancy jury braces for closing arguments as judge tells court: ‘You’ve heard all the evidence’ – Live updates
-
Business5 days agoModerna CEO warns China is pouring state money into mRNA technology
-
Crypto World3 days agoElon Musk Grok Bot Promise: We Will Make You Whole if AI Loses Your Money
-
Business5 days agoNVIDIA Stock Drops Nearly 2 Percent to $210 on Seventh Losing Day Ahead of Critical AI Earnings
-
Crypto World2 days agoNVIDIA revenue hits $96.2B as AI demand doubles
-
Business21 hours agoiPhone 18 Pro Pre-Orders Could Shift to Saturday as Apple Reportedly Avoids September 11 Anniversary
-
Business4 days agoThailand’s Eastern Economic Corridor Capital City (EECiti): Key Developments and Investment Opportunities
-
Crypto World5 days ago$92 Billion Nvidia Earnings Could Make or Break the AI Trade
-
Business6 days agoWhere Will Kevin Durant Play in 2027? Rockets Hold Player Option Key to His Future With Houston via Deal
-
Sports6 days agoDeshaun Watson fires back at Browns fans after being booed: ‘It’s a disrespectful thing’

You must be logged in to post a comment Login