Strait of Hormuz closure may extend to year's end due to 80 mines: report

Strait of Hormuz closure may extend to year's end due to 80 mines: report

80 mines must be cleared from the Strait of Hormuz before shipping resumes; closure may extend through year-end amid Iran-US-Israel tensions. Extended disruption forces enterprises to reshape logistics and commodity strategies, with cascading impact on supply chains and energy markets.