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Hormuz traffic drops to 7 vessels as US-Iran naval escalation intensifies
Valor Econômico·US · IR·1 day ago
Escalating supply disruptions in the Strait of Hormuz and Bab el-Mandeb are forcing global energy buyers to seek alternative crude sources from Africa. The shift underscores the strategic reorientation of both Eastern and Western markets toward African suppliers, though the scale and durability of this pivot remain uncertain.
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