Strait of Hormuz shipping traffic may take few months to return to pre-war levels
AI Summary
After recent disruptions in the Strait of Hormuz, shipping traffic is expected to gradually return but won't reach pre-war levels for a few months. Currently, around 500 ships are waiting in the Gulf, and within 30 days, traffic is projected to be at half its previous volume. This situation underscores the vulnerability of global trade routes and the significant impact such disruptions can have on international supply chains, highlighting the need for continued vigilance and stability in strategic waterways.
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