Navigation steady in Hormuz, slower in Bab el-Mandeb
U.S. President Trump imposed unprecedented isolation on Iran and announced an "economic decisive move" through financial measures amounting to $300 million, in an American escalation against Tehran. Japan also recorded record levels in its imports and exports, supported by rising oil prices and a weak yen. Shipping traffic through the Strait of Hormuz remains stable, while European stocks fell to their lowest level in three weeks.
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