Shipping traffic in the Hormuz and Mandeb Straits drops sharply

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On-chain data from MetaEra shows that shipping traffic through the Hormuz and Mandeb Straits dropped sharply on August 6 (UTC+8). Kpler recorded only two vessels passing through Hormuz, down from eight the previous day. Prior to Iran’s conflict beginning in February, the daily average was 130–140 ships. In the Mandeb Strait, just one cargo vessel passed, compared to 20 the day before. The decline has pushed the Fear & Greed Index toward extreme caution, reflecting heightened geopolitical risk.

According to ME News, on August 6 (UTC+8), traffic through the Strait of Mandeb and the Strait of Hormuz dropped significantly compared to the previous day. Data from maritime tracking firm Kpler showed that only two vessels passed through the Strait of Hormuz on Wednesday, down from eight the day before. Before the Iran conflict began in February, approximately 130 to 140 ships passed through this waterway daily. At the Strait of Mandeb, only one cargo vessel passed on Wednesday, far fewer than the 20 recorded the previous day. (Source: ChainCatcher)

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