Crude Oil Shipments Resume Through Strait of Hormuz
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Crude oil transportation activities through the Strait of Hormuz have shown signs of resumption, with three supertankers exiting the Gulf region carrying approximately 6 million barrels of crude oil. Ship traffic in the Strait, crucial for global energy supply, has been significantly affected since February 28. While daily ship crossings have drastically reduced, the movement of oil tankers indicates a potential easing of tensions.
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