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Fortune
Fortune
Jason Ma

The Strait of Hormuz is more open than previously thought as the U.S. shoots down Iranian drones threatening ships and provides 'naval overwatch'

(Credit: U.S. Navy)

Talks to extend the ceasefire between the U.S. and Iran are dead in the water, but traffic through the Strait of Hormuz is anything but.

The number of ships transiting the contested waterway remains just a fraction of pre-war levels, but fresh reports indicate activity is busier than previously thought.

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