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Shipping still ‘shielded’ from strait's closure 2026
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Shipping still ‘shielded’ from strait's closure 2026
Australian shipping remains one step removed from the impact of Iran’s closure of the strategic Strait of Hormuz amid the war. Shipping Australia (SA) says Australian trade is mostly done with Asia; the Middle East region does not rank among top 10 export destinations while the United Arab Emirates is the only Gulf country in the top 10 import list. It says its data shows that for the five-years ending in 2024, Australian cargo shipping with th…
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