Only 4 Ships Transit Hormuz Strait Saturday as Iran Conflict Chokes Oil Route

Near Total Shutdown of 20 Percent Global Oil Trade Route\n\nOnly 4 ships transited the Hormuz Strait on Saturday — 2 LPG vessels to India — as the Iran conflict nearly shuts down the world's most critical oil chokepoint.\n\nThe Strait handles 20% of global oil trade. Normal traffic is dozens of tankers daily. Oil prices remain volatile as markets price in prolonged disruption risk.\n\nSource: Wall Street CN