Iran said on Saturday it had shut the Strait of Hormuz again, a move that could disrupt a critical corridor for global crude shipments.

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.