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Shipping sector data showed a decline in the number of ships passing through the Strait of Hormuz, with three ships crossing yesterday Tuesday compared to four on Monday. This comes amid escalating security concerns due to ongoing attacks between the United States and Iran. The transits of crude oil and liquefied natural gas carriers have not significantly increased. Meanwhile, the United States carried out strikes on Iran for the eleventh consecutive night. Additionally, two Saudi oil tankers changed their course toward Asia as they headed to the Bab el-Mandeb Strait, following threats from Yemen to block the passage of Saudi oil shipments.
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