Ship attacked in Strait of Hormuz
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Sailors stuck on vessels are stressed and fearful. Cargoes are languishing, and shipping companies are losing money each day. More are considering paying Iran's fee for safe passage.
The prolonged closure of the Strait of Hormuz has stranded more than 1,200 ships carrying goods worth an estimated $125 billion, prompting shipping firms and insurers to rethink global trade routes an
