What could the changes in oil traffic in the Strait of Hormuz mean for our economy and energy policies?
By Jonathan Saul ATHENS, May 27 (Reuters) - An oil products tanker operated by Chinese shipping group COSCO was in the process of crossing through the Strait of Hormuz on Wednesday, after two crude tankers sailed in the past day, although oil traffic overall was still limited, shipping data showed. Before the war on Iran began on February 28, shipping traffic through the Strait averaged 125 to 140 daily passages. Due to the conflict, 20,000 seafarers remain stranded inside the Gulf on board hundreds of ships
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