Hormuz nearly paralysed as just two ships pass in 24 hours

Commercial shipping through the Strait of Hormuz has all but stopped, with only two commodity vessels passing through the waterway on Wednesday, as negotiations over a new transit corridor struggle to keep pace with the worsening reality at sea.

The figure was down from eight crossings on Tuesday and was a fraction of the 130 to 140 daily transits recorded before the conflict, according to Kpler figures....