Philenews

Strait of Hormuz: 97% Drop in Navigation, 21 Attacks, and 20,000 Stranded

Published March 18, 2026, 12:13
Strait of Hormuz: 97% Drop in Navigation, 21 Attacks, and 20,000 Stranded

The war that erupted on February 28th has caused unprecedented disruption to navigation in the Strait of Hormuz, a critical maritime passage for global trade, through which approximately 20% of the world's oil and LNG pass. Since March 1st, 21 attacks or incidents on commercial vessels have been recorded, including 10 tankers, while another four attacks are attributed to the Revolutionary Guards. The human toll is also heavy, with at least eight sailors and port workers killed, four missing, and ten injured. Traffic through the strait has collapsed by 97%, with daily transits falling from around 120 to 77. Approximately 20,000 sailors, cruise ship passengers, and port workers are stranded in the area. The economic impact is significant, with ship fuel prices rising by 87% since the start of the conflict, reaching levels not seen since the Russian invasion of Ukraine in 2022. This situation threatens to disrupt global energy markets and world trade. The crisis in the Strait of Hormuz highlights the vulnerability of critical sea lanes and the need for international cooperation to ensure navigational safety and energy market stability.