A foreign container ship ran aground in the Strait of Hormuz amid rising tensions over maritime navigation regulations.
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Commodity vessel transits through the Strait of Hormuz drop to a three-month low, with only one vessel reported.
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It was not clear whether the chartering failed due to heightened tension in the Strait of Hormuz, the sources said
India condemns attacks on two ships in the Strait of Hormuz, expressing deep concern for affected Indian seafarers.
