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Shipping groups avoid the Strait of Hormuz to reduce exposure after U.S. strikes on Iran By Sam Meredith, CNBC • Published June 23, 2025 • Updated on June 23, 2025 at 7:44 am ...
German container shipping firm Hapag-Lloyd said it is continuing to sail through the Strait of Hormuz. "However, the situation is unpredictable and could change within a matter of hours.
Shipping groups are starting to shy away from the Strait of Hormuz as Israel-Iran conflict rages on By Sam Meredith, CNBC • Published June 16, 2025 • Updated on June 16, 2025 at 11:31 pm ...
German container shipping firm Hapag-Lloyd said it is continuing to sail through the Strait of Hormuz. "However, the situation is unpredictable and could change within a matter of hours.
German container shipping firm Hapag-Lloyd said it is continuing to sail through the Strait of Hormuz. "However, the situation is unpredictable and could change within a matter of hours.
Iran threatened to close the Strait of Hormuz, a vital shipping lane handling 20% of global petroleum demand, in response to U.S. and Israeli strikes on Iranian nuclear facilities.
The Strait of Hormuz also brings 25% of ammonia, 20% of DAP, 10% of MAP and 30% of sulfur global exports. Taylor says an important factor would be the timing.
Shipping costs through the Strait of Hormuz are rising - even as oil prices are dropping. So what happens if Iran closes the waterway? Provided by Dow Jones Jun 23, 2025, 2:08:00 PM ...
Your editorial “ Iran’s Strait of Hormuz Gambit ” (June 23) rightly notes the waterway’s importance. Much of the global economy depends on the 20% of the world’s oil supply that travels ...
Shipping firms are exercising caution in the Strait of Hormuz as they closely monitor the security risks in the region, while continuing operations in the narrow waterway connecting the Persian ...
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