Commercial vessel traffic through the Strait of Hormuz has dropped to a two-month low, as escalating tensions between the US, Iran, and Houthi forces disrupt a vital global energy corridor. Security concerns have driven Brent crude toward $100 per barrel, with analysts warning of further upward pressure on prices. Several shipowners are now rerouting vessels to avoid volatile areas, increasing transit times and shipping costs. Saudi Aramco has also adjusted export logistics, offering alternative loading points on the Mediterranean coast to bypass regional security risks.