Ship crossings through the Strait of Hormuz have significantly decreased, with only seven commodity ships passing through on Thursday, down from twelve the previous day. This reduction comes as concerns escalate regarding shipping risks in the Middle East, particularly as US-Iran peace negotiations remain stalled. The Strait of Hormuz is a vital waterway, handling almost 20% of global crude oil and liquefied natural gas shipments. Kpler data indicates four ships entered the Strait while three exited. This decline suggests potential disruption to global energy supplies due to the heightened geopolitical uncertainty. Experts are monitoring the situation closely, as further reductions could significantly impact the energy market. The drop in traffic underscores the vulnerability of this crucial shipping lane.