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Strait of Hormuz

Bulker Attacked in Strait of Hormuz

A northbound bulk carrier was attacked by multiple small craft in the Strait of Hormuz, with crew safe and no environmental impact reported.

US Reviews Jones Act Waiver Extension

The United States is weighing an extension of its 60-day Jones Act waiver after fuel prices surged during the Iran war and the Strait of Hormuz disruption. The measure expanded tanker availability between U.S. ports, but its impact on fuel prices has remained limited.

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