EnergyCriticalReportedAccelerating
9.4
Oil transit through Hormuz and Bab el-Mandeb disrupted by Iran war, Houthi attacks
El País·IR · YE·3 days ago
Swedish miner LKAB reports that no iron ore shipments pass through the Strait of Hormuz due to ongoing disruptions, yet it continues to sell products to the region. The company states that disruptions have been handled beyond expectations, indicating resilience in supply chains despite the strategic chokepoint being effectively closed for this commodity.
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