in5points
WorldMoneycontrol

Renewed Iran-US attacks halve Hormuz traffic, tanker movement nearly grinds to halt

in5points
  1. Daily vessel movements through the Strait of Hormuz fell to 16 on July 12 from 32 at the beginning of the month due to renewed Iran-US attacks.

  2. Tanker traffic through the Strait nearly halted, plunging to just one vessel.

  3. The attacks halved overall Hormuz traffic, disrupting a key global oil shipping route.

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Mukesh Ambani

Network18

Reliance Industries (Mukesh Ambani)

Wikipedia: Mukesh Ambani