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Vessel struck in Strait of Hormuz, UKMTO says, as prospects for U.S.-Iran diplomacy appear elusive

Source: CNBC

Geopolitics & WarTrade Policy & Supply ChainTransportation & Logistics

A new strike occurred ahead of an expected meeting in Oman between Iranian and Gulf officials to sign a shipping agreement for the strait. The incident raises risks to maritime transit and regional trade flows, potentially disrupting a strategically important shipping route.

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