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Hormuz crisis disrupts global shipping

Hormuz crisis disrupts global shipping

The Strait of Hormuz, a vital artery for the world's oil and gas, remains largely impassable as the war with Iran continues.

UN shipping agencies warn that approximately 20,000 seafarers are currently stuck in the Gulf due to the ongoing hostilities.

President Trump has suggested that the US could 'take the oil' to reopen the route, but European leaders remain skeptical of a purely military solution.

The disruption is causing a 'fuel shock' that is being felt from South-East Asia to the UK. Negotiations to reopen the strait have so far failed to produce a breakthrough.