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Oil tanker traffic through Strait of Hormuz hits highest level since conflict began but mines remain

Traffic by tankers transiting the Strait of Hormuz has picked up amid the negotiations between the U.S. and Iran aimed at ending the war, which has caused oil prices to decline with more supply hitting the market.The two sides have agreed to open the key shipping route for oil during the negotiations after the U.S. instituted a naval blockade and Iran laid sea mines that deterred shipping from moving through the narrow chokepoint.The Strait of Hormuz's central channel is yet to be cleared of Iranian mines, which has caused ships making the transit to either pass through a northern channel in I...