The Strait of Hormuz is experiencing severe disruptions as maritime traffic plummets due to ongoing tensions between the US and Iran. Reports indicate that over 20 commercial ships passed through the strait in the last 24 hours, but overall traffic has significantly decreased, with many vessels stranded or using evasive tactics to navigate the area. Iran has reportedly blacklisted oil tankers from US-sanctioned countries, complicating shipping logistics further. Despite the challenging environment, some vessels, including Chinese and Iranian supertankers, have managed to cross the strait under strict controls. However, US enforcement remains a significant obstacle, as indicated by reports of minimal vessel movement and stalled US-Iran negotiations. As the situation evolves, the economic implications for global oil prices are under scrutiny, with predictions of surging prices driven by the escalating crisis.