Shipping Traffic Through Strait of Hormuz Rises Slightly, Data Shows
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Shipping traffic at the Strait of Hormuz rose slightly even as a geopolitical standoff persisted between the United States and Iran, while the market also monitored Iran-Oman talks about the waterway, data showed on Thursday. Visible commodity vessel transits at Hormuz totaled 10 on Wednesday, up slightly from eight on Tuesday, data from Kpler showed. This remained below a 10-day moving average of about 15 vessels.
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