The blockade of the Hormuz Strait affects $125 billion of ships and goods.
Allianz Business Corporation, a global insurance and risk management agency, released a report on the 24th stating that geopolitical tensions have become the primary challenge facing the global shipping industry, with the "blockade" of the Strait of Hormuz affecting vessels and goods worth approximately $125 billion. The "2026 Review of Maritime Safety and Transport" report released by Allianz Business Corporation on the same day showed that recent conflicts in the Middle East have caused the blockade of the Strait of Hormuz. As of June 15, vessels and goods worth approximately $125 billion, with a total tonnage of approximately 29 million metric tons, have been affected.
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