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Translated regional report

International Monetary Fund: Shipping traffic in the Strait of Hormuz has…

Automated translation and editorial curation by Middle East CatchSite publication

Original report: Tasnim News AgencyOriginal publication Editorial policy

Tasnim News Agency

International Monetary Fund: Shipping traffic in the Strait of Hormuz has fallen by 90%. "Julie Kozak," spokesperson for the International Monetary Fund: 🔹Shipping traffic in the Strait of Hormuz has reached 10% of the pre-conflict level between the U.S. and Iran. 🔹Some countries have consumed their strategic oil and gas reserves, but these reserves need to be replenished over time.

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