The New York Post reported on the significant drop in Iran's oil exports, attributing it to the United States tightening its grip and enforcing a maritime blockade.
The report highlighted that Iran's oil exports have plummeted to nearly zero due to the U.S. embargo on Iranian ports.
The New York Post noted that there has been negligible activity observed at the Kharg Island oil terminal in Iran.
According to Reuters, citing data from the ship tracking company "Kpler," fewer than 20 cargo ships crossed the Strait of Hormuz early this week.
The data revealed that four ships transited the Strait of Hormuz on Sunday, following the passage of 13 ships on Saturday. These numbers might change as some vessels disable their transponders during transit.
Kpler's data showed that only six ships passed through the strait last Tuesday, with the previous week's data recording only seven ships on Thursday.
Before the conflict, the Strait of Hormuz saw about 130 commercial ships daily, but this figure has fallen to less than 11 ships per day, representing a mere 4% of its pre-conflict average.
U.S. President Donald Trump declared that the strait remains "open and operational," while Iran asserts it is "closed" to navigation.
Currently, negotiations are underway between Oman and Iran regarding the agreement to establish two new passage routes through the strait as the U.S. intensifies economic and military pressure on Tehran.