Strait of Hormuz shipping grinds to halt as US, Iran resume fighting

1 week ago 26

Brent crude holds steady despite plunge in traffic in critical waterway.

Shipping in the Strait of Hormuz has plunged amid renewed fighting between the United States and Iran, dealing a new blow to energy markets already reeling from the biggest supply disruption in history.

No large vessel has crossed the strait via the US-coordinated route while broadcasting their loc...

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