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The information provided on EL7.AI is for educational and informational purposes only and does not constitute financial advice.
Amid ongoing geopolitical tensions in the Middle East, Japan’s NYK shipping firm warned that Strait of Hormuz traffic may stay below half of prewar levels for months, even if a US-Iran peace deal is reached. The CEO said shipping volumes are 'nowhere near' normal, according to a Benzinga report. The warning comes as the strait has seen a sharp decline in maritime traffic since regional disruptions escalated.
The Strait of Hormuz, through which about a fifth of the world's oil supply passes, has experienced significant shipping volatility due to US-Iran tensions. Market data shows NYK shares (ticker: 9101.T) closed at 5,265 yen on June 26, 2026, with a low of 5,178 yen, reflecting pressure on energy-linked shipping stocks. This coincided with reports of lower Iranian oil exports under existing restrictions.
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Sign InTraders are watching for developments in the Iran file in coming weeks, especially as no new formal talks have been announced. Shipping stocks like NYK may face further volatility from any shift in US policy toward Tehran. Technically, the 5,178 yen level (June 26 low) serves as key support, while any positive news on dialogue could push the stock toward the 5,267 yen high.