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Freightos Weekly Update: Air rates continue to climb on Mid-East closures

freight_commodity_indices UTC: 2026-03-11 22:32:34

Very few vessels have passed through the Strait of Hormuz since the start of the war in Iran a week and a half ago. The closure is of global concern due to its stifling of oil tanker movements which is already slowing production and pushing oil prices up. The US International ...

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