Unprecedented Paralysis in the Strait of Hormuz Causes Oil Tankers to Retreat Amid Escalation
Almost complete halt in oil tanker movements through the Strait of Hormuz, following escalating tensions between Iran and the United States. The strait has seen only two ships pass through so far, with this situation being managed by increased security measures and the closure of automatic identification systems. Iran has also escalated attacks on American infrastructure in the Gulf in response to previous American airstrikes.
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