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Hormuz Traffic Grinds to a Near Halt as Ceasefire Under Threat

Hormuz Traffic Grinds to a Near Halt as Ceasefire Under Threat
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Energy Hormuz Traffic Grinds to a Near Halt as Ceasefire Under Threat Traffic through the Strait of Hormuz came to a near standstill on Thursday, after the US struck Iran for a second straight day as a fragile truce between the two sides looked increasingly shaky. Observable movements in the world’s most vital energy conduit largely occurred along an Iran-approved route nearer to the waterway’s north, while the US-supported Omani corridor was quiet, ship-tracking data show.

Energy Hormuz Traffic Grinds to a Near Halt as Ceasefire Under Threat Traffic through the Strait of Hormuz came to a near standstill on Thursday, after the US struck Iran for a second straight day as a fragile truce between the two sides looked increasingly shaky. Observable movements in the world’s most vital energy conduit largely occurred along an Iran-approved route nearer to the waterway’s north, while the US-supported Omani corridor was quiet, ship-tracking data show.
Hormuz Traffic Grinds (PERSON) the Strait of Hormuz (LOCATION) US (LOCATION) Iran (LOCATION) Omani (ORG)
Originally published by Bloomberg Markets Read original →