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Hormuz Tanker Traffic Slows to a Trickle

Tanker traffic via the Strait of Hormuz slowed further over the weekend, maintaining upward pressure on oil prices. At the time of writing, Brent crude was trading at $88.62 per barrel, with West…

  • Tanker traffic in Hormuz slowed to five ships on Saturday
  • No tankers scheduled to pass through on Sunday
  • Iran's Foreign Minister says U.S.-Iran talks unlikely

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