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2026March › 06

Strait

4 months ago

Development Finance Corporation to offer coverage in hopes of restarting shipping through Strait of Hormuz
While regional sales will be impacted, the closing of the Strait of Hormuz and rising oil prices will have ripple effects across the global automotive industry.
A backup of oil tankers in the Persian Gulf is disrupting supplies, and will only get worse the longer the Strait of Hormuz is closed.
George Prokopiou’s Dynacom is one of the few legal operators willing to sail to and from the Gulf

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