Strait of Hormuz Traffic Falls to 3-Week Low

BlockBeats News, July 17th. According to shipping data website Kpler, the confirmed number of crossings through the Strait of Hormuz on July 16th dropped to a three-week low, with only 8 crossings recorded.

Analysts pointed out that the low traffic volume may exacerbate crude oil supply uncertainty, affecting international oil price fluctuations.

Source: BlockBeats

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