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Strait of Hormuz shipping grinds to a halt ahead of U.S.-Iran ceasefire expiry

CNBC

BusinessCNBC·Aug 17, 2026·1 min read

Strait of Hormuz shipping grinds to a halt ahead of U.S.-Iran ceasefire expiry

Shipping traffic in the Strait of Hormuz sank to a new low as a ceasefire between the U.S. and Iran is set to expire on Monday with no deal in sight.

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