India-bound oil tanker traffic via Strait of Hormuz drops to zero: Report

There was no India-bound oil tanker traffic through the Strait of Hormuz on Sunday, Moneycontrol reported, citing analytics firm Kpler. The movement of ships through the strait, located between Iran and Oman, has halted after Iran reportedly blocked the route. Around 50% of India's monthly oil and most of its LPG imports pass through the strait, the report said.