Traffic in the Strait of Hormuz drops to a three-week low
BlockBeats News, July 17, according to data from the shipping information website Kpler, on July 16, the confirmed number of transits through the Strait of Hormuz dropped to a three-week low, with only 8 crossings recorded.
Analysts pointed out that low traffic may exacerbate crude oil supply uncertainty and affect international oil price fluctuations.
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