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Strait of Hormuz Traffic Picks Up | Business and Finance News

Strait of Hormuz Traffic Picks Up | Business and Finance News

Published 2 days, 5 hours ago
Description

Tanker traffic through the Strait of Hormuz ticked up yesterday with 24 vessels navigating the vital waterway — a hopeful sign after weeks of tension, though still just 10% of pre-crisis levels. With more ships entering the Persian Gulf and major exporters like Saudi Arabia, UAE, and Qatar resuming loading, confidence is slowly returning. The weekend stayed quiet as operators played it safe after U.S. strikes on Iran — but business is inching back, one loaded tanker at a time.

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