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Manila Times Business

Hormuz ship traffic climbs after war deal

PARIS — Shipping traffic through the Strait of Hormuz rose to its busiest in two months after a deal to halt the US-Iran war, maritime trackers said on Friday. A total of 25 commercial vessels crossed the newly reopened strait on Thursday, the highest number since mid-April, according to data from tracking firm AXSMarine -- more than three times the average of just over seven a day since early March. In a sign of traffic picking up in the region, empty trucks queued for up to three kilomet

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Source: manilatimes.net

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