Strait of Hormuz traffic normal by September 30The United Kingdom Maritime Trade Operations (UKMTO) has reported that a cargo vessel was hit by an unknown projectile off the coast of Oman. This incident raises security concerns in the region, particularly regarding maritime traffic through the strategic Strait of Hormuz. Key TakeawaysThe UKMTO report of a vessel attack off Oman’s coast suggests increased security concerns in the Strait of Hormuz. Current market pricing for normal traffic by September 30 has decreased to 22.5% YES, indicating reduced confidence. Additionally, maritime traffic data and threat assessments from agencies like the UKMTO will be critical indicators to follow in the coming weeks.