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Red Sea shipping traffic hits multi-month low following Houthi strike on Saudi oil infrastructure
Al-Monitor·YE · SA·about 1 hour ago
The Turkish-flagged dry cargo ship Golden Leo has capsized and sunk off the coast of Odesa, marking the first total loss of a merchant vessel in the ongoing campaign against Ukrainian shipping. This escalation from previous damage-only incidents is expected to significantly increase insurance premiums and deter commercial maritime traffic from calling at Odesa region ports.
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