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Hormuz Strait Navigation Falls Amid US Iran Tensions
The tension between the United States and Iran over control of the Strait of Hormuz has led to a decline in maritime navigation. Iran stated that the strait is "under its control and management," while Washington announced its ability to continue the maritime blockade of Iran indefinitely. Meanwhile, the number of ships passing through remains below the average monthly rate of 12 ships per day, with only 9 ships transiting yesterday, Thursday. Additionally, attacks have targeted two Iranian tankers owned by ADNOC, which the UAE has accused Iran of being responsible for.
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