Iran re-closed the Strait of Hormuz after US lifted the blockade. Traffic normal by July 31 at 40.5% YES.

The US and Iran agreed to reopen the Strait of Hormuz after months of blockade and crypto-based tolls, but shippers face safety and insurance hurdles.

Iran and the US agreed to cease hostilities and lift maritime blockades. Strait of Hormuz traffic returns to normal by July 31 at 54.5% YES.