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Double Blockade Keeps Hormuz Shipping at Fraction of Peace Level

Shipping through the Strait of Hormuz, the waterway that’s become a focal point for the global economy, stayed far below peacetime levels as an effective double blockade stifles vessel movements.

This article was originally published by Bloomberg Markets and is republished here under license.

Shipping through the Strait of Hormuz, the waterway that’s become a focal point for the global economy, stayed far below peacetime levels as an effective double blockade stifles vessel movements.

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