GeopoliticsFLASH
The Persian Gulf Waterway Management Authority announces that traffic through the Strait of Hormuz is not possible due to the continued aggressive actions of the US
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The Strait of Hormuz closure on July 31, 2026, triggered by US-Iran tensions, has caused a 20% monthly oil price surge, increased shipping costs, and boosted energy sector profits.
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As soon as stability and calm are established, all requests will be reviewed and permits will be issued in a timely manner.
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