The U.S. Lockdown Measures Remain in Place, Strait of Hormuz Shipping Grinds to a Halt

BlockBeats News, April 23rd: The traffic situation in the Strait of Hormuz remains largely stalled, with only occasional passage of Iran-related vessels. According to ship tracking data, as of Thursday morning local time, only one large cargo ship linked to Iran was observed setting sail from the Persian Gulf. On Wednesday, the security situation in the strait further deteriorated as Iranian military vessels fired upon a commercial ship, while the United States intercepted two oil tankers from Tehran. (FXStreet)