Freight traffic through the Strait of Hormuz has fallen sharply

BlockBeats message: On July 12, citing CCTV News, after Iran announced it had shut down the Strait of Hormuz again, commercial shipping traffic through the strait fell sharply.

Commercial shipping tracking data cited by Iran shows that in the past 24 hours, only 11 commercial vessels passed through the Strait of Hormuz, including 8 oil tankers and 3 cargo ships.

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