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Strait of Hormuz still a source of leverage for Iran
Attacks in the Strait of Hormuz put crews at risk and drive up energy shipping costs. Iran's ability to sustain them and the limits of US protection will shape how much trade can continue and at what price.
Summary
Attacks in the Strait of Hormuz put crews at risk and drive up energy shipping costs. Iran's ability to sustain them and the limits of US protection will shape how much trade can continue and at what price. Since the Iran war started, attacks on commercial ships in the Strait of Hormuz have put crews at risk of death and injury, forcing shipping companies to choose whether to attempt the passage or delay cargos and face higher costs.
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