Shipping through the Strait of Hormuz has slowed to a near standstill, data showed Tuesday, as increasing Iranian attacks and the U.S. naval blockade choke traffic in the crucial waterway.
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Strait of Hormuz traffic at a standstill as fears for global oil supply grow
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Iran’s Islamic Revolutionary Guard Corps vowed to keep the strait closed as long as U.S. “wrongdoing in the region” continued.
