Strait of Hormuz paralyzed by Middle East tensions
The Strait of Hormuz, a strategic global maritime passage, remains blocked due to regional Middle East hostilities.
Published 10sem1 sourceImportantupdated 10sem
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The fact
This crucial waterway carries approximately 30% of the world's seaborne crude oil, affecting global economies.
The paralysis of the strait risks worsening existing energy and trade crises.
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