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Story summary
- Ongoing US-Israeli military operations against Iran disrupt global shipping through the Strait of Hormuz.
- The Strait of Hormuz remains a vital oil and fertilizer corridor with vessel grounding.
- About 33% of the world's fertilizers transit this route, affecting supply chains to India and Brazil.
- Maersk and CMA CGM have ceased regional operations.
- Polymer exports account for 15% of global production.
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