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The Nexus
BUSINESSJun 11 · 17:54 UTCCNBC TOP

Oil tanker CEO sees Hormuz ship traffic quickly increasing if U.S. and Iran reach a deal

Frontline CEO Lars Barstad stated that many shipowners are waiting for a threat assessment downgrade before crossing Hormuz. He anticipates increased Hormuz ship traffic if the U.S. and Iran reach a deal.

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