Cobbler Data Shows Weak Gulf Shipping

Data from Kepler show that maritime traffic through the Gulf's main waterways remains weak due to ongoing tensions between the United States and Iran. Although the number of ships passing through the Strait of Hormuz increased slightly on Wednesday compared to previous days, it still remains below the average over the past ten days. Commercial shipments continue to decline, with fewer than 20 ships passing over a two-day period, as political and military deadlock between the two sides persists.

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