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Hapag-Lloyd has warned of heightened risks in the Strait of Hormuz due to ongoing military conflicts and regulatory uncertainty. The company noted that Iran has resumed oil exports, moving over 4 million barrels from Kharg Island. The situation has led to a divided transit system in the strait, with Hapag-Lloyd emphasizing the importance of safety and vigilance for vessels in the region.
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Hapag-Lloyd has warned of heightened risks in the Strait of Hormuz due to ongoing military conflicts and regulatory uncertainty. The company noted that Iran has resumed oil exports, moving over 4 million barrels from Kharg Island. The situation has led to a divided transit system in the strait, with Hapag-Lloyd emphasizing the importance of safety and vigilance for vessels in the region.
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Hapag-Lloyd Reports Increased Risks in Strait of Hormuz Due to Ongoing Conflict