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Ship transit through Hormuz drops to 3

Ship transit through Hormuz drops to 3

A report indicates that the number of ships passing through the Strait of Hormuz dropped to three ships on Wednesday, the lowest level in years, due to the detention of vessels and the disabling of their communication systems to avoid detection. This comes amid increasing concerns over regional escalation and its impact on global oil supplies, as oil prices declined after Saudi Arabia announced additional crude shipments through Oman and avoided Iranian attacks on American ships, especially after a vessel was struck near the strait.

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