renewed U.S.-Iran conflict chokes Hormuz

Commercial vessels remain anchored off Port Sultan Qaboos around Qaboos Port on June 21, 2026 in Muscat, Oman. Elke Scholiers | Getty Images News | Getty Images Vessel traffic through the Strait of Hormuz has slumped since U.S. President Donald Trump’s blockade took effect last week, with shipowners increasingly avoiding one of the world’s most…

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