1 Day
Source:
الاقتصادية
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Ship transit through Hormuz slows due to security
Marine traffic through the Strait of Hormuz is sharply declining due to increasing security concerns, with a rise in attacks on vessels and Iranian threats. The area has experienced relatively calm activity, despite six smaller ships crossing on Monday. Meanwhile, covert operations against some oil tankers continue amidst escalating security tensions that have led some ships to cancel their attempts to leave the Gulf and reroute their paths through the Red Sea. Nevertheless, oil supplies from the Arabian Gulf continue to head to markets despite the threats.
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