Iran shuts Strait of Hormuz again after Israeli strikes in Lebanon, threatening global oil flows and straining its fragile ceasefire deal with the United States.

Iran closed the Strait of Hormuz after Israeli strikes in Lebanon. Traffic normalization by June 15 at 0.1% YES.

Iran re-shut the Strait of Hormuz Friday, citing US regional military presence and Israel's actions in Lebanon, despite a recent memorandum signed by both nations' leaders.