US-Iran tit-for-tat strikes appear to have paused after nearly two weeks of fighting that involved attacks on civilian infrastructure, including power and desalination plants, across parts of the Mideast Gulf — marking the worst escalation since the initial phase of the conflict that began on Feb. 28.
US, Iran Return to Diplomacy as Gulf Producers Fear Long-Term Disruption
Shipping traffic has yet to pick up up despite the pause in hostilities, with volumes remaining just one-third of early-July levels.
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