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LIVE: Strait of Hormuz traffic amid postponed talks and jump in oil prices
Talks between Iran and Gulf powers regarding a deal on shipping in the Strait of Hormuz have been postponed. This development, coupled with Houthi attacks on Saudi oil transit routes, has amplified concerns about global energy supplies. The situation is being covered live, with ongoing updates on maritime traffic and oil market reactions.
The postponement of talks and continued Houthi attacks threaten to disrupt vital shipping lanes, potentially leading to significant fluctuations in global oil prices and impacting energy security.