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Duration of Closure of Hormuz to Dictate Shipping Rates

ports_congestion UTC: 2026-03-12 22:00:59

The duration of the closure of the Hormuz Strait will most likely dictate the outcome of the current crisis and its impact on shipping, the overall supply chain and ultimately global trade. In its latest weekly report, shipbroker Xclusiv said that “since late February, the US–...

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