62% of india-bound tankers transiting the strait of hormuz disabled their ais transponders in a single reporting window — a mass voluntary blackout at a scale not previously recorded on this waterway. vessels going dark indicates maritime operators are pricing in imminent attack risk regardless of the formal ceasefire. separately, hormuz traffic remains at roughly 30% of prewar levels, with only 124 ship transits across four days against a historical baseline exceeding 100 per day.