Economy
Shipping through Strait of Hormuz Nearly Halted, Pakistan Holds Talks with Iran
On 2026-08-24, only two cargo ships—a large gas tanker and a large oil tanker—passed through the Strait of Hormuz, the lowest number since early May, according to Reuters and Kpler data. The ten-day average is fourteen ships daily; Sunday saw seven. Some ships may have disabled navigation systems. Iran has blacklisted 45 tankers for alleged rule violations and threatens action against ships transferring goods to or from these tankers. Amid high US-Iran tensions and new US sanctions, Pakistan reported 'significant progress' in talks with Iran to prevent escalation and reopen the strait.
Ozetta summarises; the reporting is the newsroom's