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  - SHIPPINGHERALD.COM - A La Une - 27/Jun 07:47

Gulf shipping costs drop as Israel-Iran ceasefire holds

Shipping costs for the Gulf have fallen in the past two days after a ceasefire was reached between Israel and Iran, although rates could rebound if tensions increase, shipping and insurance industry sources say. The conflict had raised concerns that Iran could close Hormuz, the strait between Iran and Oman through which around 20% of […]

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