Iran conflict boosts coal demand as the Strait of Hormuz remains closed. Traffic returns to normal by July 31 at 42.5% YES.

Iran maintains control over the Strait of Hormuz, affecting shipping traffic. 20 ships transiting by May 31 at 61% YES.

US Centcom redirected 70 vessels amid Hormuz blockade enforcement. Blockade lifted by May 31 at 25.5% YES.

Iran ships transit Hormuz freely amid US tensions. US blockade lift by May 31, 2026 at 23.5% YES.