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Strait of Hormuz Shipping Traffic Falls Further as Saudi Oil Flows Rise

Commodity vessels traversing the Strait of Hormuz declined further, with just a dozen commodity vessels in total making the passage this weekend, Reuters has reported. This compares to 35 tankers and other commodity carriers passing the chokepoint a week earlier. The data includes only tankers that move with their transponders switched on. Many choose to turn these off to avoid detection, and not…

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