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Iran has changed its tactics in the waterway to exert pressure on vessels, with the U.S. Navy calling the threat to shipping in the region ‘severe’.

Eni was owed $3.3 billion by Venezuela's oil company PDVSA at the end of last year, including around $1 billion in accrued interest, the Italian company said in

Shipping companies Maersk, Hapag-Lloyd and CMA CGM are rerouting vessels around Africa, away from the Suez Canal and the Bab el-Mandeb Strait, after US and Isra
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