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Event Brief

Strait of Hormuz shipping traffic drops ahead of ceasefire expiry

Cargo ship transits through the Strait of Hormuz fell to a weekend low ahead of a U.S.-Iran ceasefire expiring Monday.
WHO: Cargo ships; Kpler data (cited by Reuters)
WHAT: Shipping traffic through the Strait of Hormuz slowed to a halt, with only five cargo ships passing on Saturday and none registered on Sunday.
WHEN: Aug 17, 2026
WHERE: Strait of Hormuz
WHY: The ceasefire between the U.S. and Iran was set to expire on Monday with no deal in sight.
Sources (1): CNBC Top News

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