US President Donald Trump reinstated on Monday the "Iranianblockade" in the Strait of Hormuz, saying the United States would enforcethe measure while keeping the strategic waterway open.
The new arrangements would take effect immediately.
Shipping data showed tanker traffic through the strategic passage hadfallen over the past day to its lowest level in two months as renewed US-Iranstrikes and attacks on commercial vessels heightened security concerns.Shipbroker Gibson warned that another prolonged closure of the strait wouldleave the world in "a much tougher spot."
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