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CNBC Business • Jun 22, 2025

Shipping threats around Arabian Peninsula rising, largest global shipowners organization warns

Increasing dangers to maritime routes near the Arabian Peninsula could lead to higher insurance premiums and operational costs for global shipping companies, potentially impacting...

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Financial Times • Jun 19, 2025

Tanker rates double as shipowners steer clear of Strait of Hormuz

The expense of hiring crude oil vessels for routes from the Gulf to China has substantially increased due to increased avoidance of the Strait of Hormuz by shipping companies follo...

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