Hormuz Traffic Grinds to a Halt After Iran Seizes First Vessels

WATCH: The US and Iran are locked in a battle for control of the Strait of Hormuz after failing to meet for a fresh round of peace talks, with both sides blocking the waterway to gain leverage during an extended ceasefire. Bloomberg’s Joumanna Bercetche reports from Dubai.Source: Bloomberg

Traffic through the Strait of Hormuz ground to a halt on Thursday after Iran fired on commercial ships and said it had seized at least two vessels — a first in nearly eight weeks of war.

Only one ship, bulk carrier LB Energy, was seen moving through the waterway early Thursday, with none seen entering. Products tanker Ocean Jewel is currently idling at the entrance to the corridor, having aborted a transit not long after Iranian forces began firing at three ships.