Under the impact of the Iran conflict, the number of empty oil tankers entering the Strait of Hormuz has decreased by over 30% in the past week.

Gate News bot news, the Iranian parliament approved the closure of the Strait of Hormuz on the 22nd local time, but the final decision on whether to close this international shipping route must be made by the Iranian Supreme National Security Council.

Reuters reported on the 23rd that since the outbreak of the conflict in Iraq more than a week ago, the impact on maritime shipping has become "obvious". Many oil tankers are avoiding lingering in the Strait of Hormuz, either speeding through, suspending navigation, or changing their routes. It was reported that compared to early May, the number of empty oil tankers entering the Strait of Hormuz has decreased by 32% in the past week, and the number of tankers departing from this waterway with cargo has decreased by 27%.

Some oil traders and analysts have reported receiving warnings that multiple vessels are waiting to pass in waters outside the Strait of Hormuz, which may lead to shipping delays. An insurance industry insider stated on the 23rd that the war risk insurance costs for vessels in the Gulf region have increased from 0.2% to 0.3% of the vessel's value to 0.5%.