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Shipping traffic via Strait of Hormuz slips below 10-day average, data shows
Source: reuters.com
Geopolitics & WarEnergy Markets & PricesTrade Policy & Supply ChainCommodities & Raw Materials
Preliminary shipping data show seven commodity vessels transited the Strait of Hormuz on Thursday, down from 17 the prior day and below the 10-day average of 15. The reduced traffic suggests a cautious near-term risk to oil and broader commodity supply chains, which could pressure energy-linked pricing depending on persistence.
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