Strait of Hormuz traffic slows amid ongoing conflict
Only seventeen commodity vessels transited the Strait of Hormuz over the weekend as regional conflict persists. Meanwhile, Middle Eastern producers continue exporting oil using tankers with transponders turned off.
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Just 17 commodity vessels transited the Strait of Hormuz over the weekend, falling from 37 ships the previous week as the military stalemate involving the United States and Iran persists, analytics firm Kpler reported on Monday.
