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War on Iran drives maritime transport costs up by 80%

Tehran Times United States
War on Iran drives maritime transport costs up by 80%
TEHRAN- According to a report by Anadolu News Agency, container freight spot rates have skyrocketed by 80% since the outbreak of the US Israel attack on Iran at the end of February. Trade flows in the Strait of Hormuz remain 90% below normal levels amid ongoing geopolitical uncertainties in West Asia.
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