Only one cargo ship crossed the Strait of Hormuz on Monday

Shipping traffic through the Strait of Hormuz, one of the world's most critical maritime routes, has come to a near standstill. On Monday, only a single cargo vessel managed to cross the strait. The sharp decline in traffic is attributed to the escalating conflict and security threats in the Middle East.

Typically, dozens of cargo ships and oil tankers pass through the Strait of Hormuz daily. A significant portion of the world's total petroleum supply is transported via this route. However, major shipping companies are now avoiding the area due to heightened safety risks.

International shipping experts warn that prolonged disruptions could lead to a surge in global commodity prices. A shortage in fuel supply, in particular, could deal a severe blow to the global economy. Countries worldwide are now reassessing security measures for this vital trade route.

While international bodies are working to restore normalcy, resuming regular shipping operations remains difficult without de-escalation in the Middle East. Analysts fear that the logistics crisis could worsen in the coming days if tensions persist.