Shipping traffic at key Gulf waterways remains subdued, data shows

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Shipping traffic at key Gulf waterways remains subdued as a geopolitical standoff persists between the United States and Iran, while the market also monitors Iran-Oman talks about the Strait of Hormuz, data cited by Reuters shows.

Commodity vessel transits at the Strait of Hormuz edged up on Wednesday from Tuesday but held steadily below the 10-day average, based on Kpler data.

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