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      <title>Strait of Hormuz Closure Drives Asia-US Container Spot Rates 276% Higher</title>
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      <pubDate>Tue, 14 Jul 2026 00:00:00 +0000</pubDate>
      
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      <description>The clearest price signal in the Iran war is not coming from crude. It is coming from box rates on a trade lane that runs nowhere near the Persian Gulf.
Spot rates from the Far East to the U.S. West Coast now sit 276% above where they were at the end of February, before the U.S. and Israeli strikes on Iran. East Coast rates are up 232% over the same window.</description>
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