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Economy News

The Economic Times

Economy / The Economic Times

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Strait of Hormuz ship transits are rising thanks to help from US

Shipowners are showing increased optimism for traffic through the Strait of Hormuz, with US forces providing navigational advice to vessels. Recent transits, some with satellite transponders off, suggest a potential boost in trade flow. This comes amid hopes for a broader reopening of shipping routes tied to a potential US-Iran deal.

30 May 2026 7:03 am