UN: Ship traffic through Strait of Hormuz drops 95 %

The United Nations says ship traffic through the Strait of Hormuz has fallen by 95.3 per cent since the war launched by the United States and Israel against Iran. UN spokesperson Stephane Dujarric told a daily press briefing on Tuesday that data from the United Nations Conference on Trade and Development shows vessel movements through the strait have dropped by 95.3 per cent since the war began on 28 February. Dujarric added that restrictions on the waterway have pushed up basic food prices by 6 per cent, while crude oil prices for Europe have risen by 53 per cent. READ: Trump tells aides to prepare for extended blockade of Iran: Report On Monday, UN Secretary-General Antonio Guterres warned that disruptions in […]