Shipping traffic through the Strait of Hormuz has significantly decreased, with only seven commodity ships passing through on Thursday, according to data from Kpler. This represents a substantial drop from the fourteen ships observed the previous day, fueling concerns about the safety of Middle East shipping routes. The decline coincides with stalled peace talks between the U.S. and Iran, raising anxieties about potential disruptions to vital global trade. Notably, the recent traffic did not include any large crude carriers or LNG tankers. Before the February war, the Strait of Hormuz handled approximately 20% of global crude oil and liquefied natural gas shipments. The reduction in vessel traffic indicates a heightened sense of risk and uncertainty within the shipping industry regarding the geopolitical situation. This situation is being closely monitored for potential impacts on global energy markets.