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The Strait of Hormuz recorded a new high in ship traffic on Monday, with at least 36 cargo ships passing through, marking the highest level since the start of the conflict in the region. This constitutes about one-third of the usual maritime traffic, which averages around 120 ships daily. This comes amid the signing of a memorandum of understanding between the United States and Iran and reflects a significant increase in vessel crossings through the strategic route, which typically handles five global oil exports. The strait is considered one of the most important international trade passages worldwide.
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