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Middle East Oil Routes Under Pressure as Hormuz Traffic Tumbles
What I Cover Tsvetana Paraskova is an energy and commodities journalist who has contributed to Oilprice.com for nearly a decade, covering global energy markets, commodities,… The number of commodity vessels observed to have transited the…
AI Summary
Commodity vessel traffic through the Strait of Hormuz fell to single digits over the weekend, according to recent observations. The sharp decline coincided with Saudi Arabia’s shutdown of its East‑West pipeline, which transports crude from the Red Sea to avoid the strait.
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