The Hormuz crisis entered new territory this week. AIS vessel-tracking data from MarineTraffic confirmed what many had feared was approaching: commercial traffic through the Strait of Hormuz has dropped to zero. Not diverted around the Cape of Good Hope. Not delayed. Zero transits in the past twenty-four hours. The strait that normally moves approximately twenty percent of the world’s seaborne oil — along with disproportionately large shares of LNG, petrochemicals, and refined products — has gone completely dark for commercial shipping.