Iran closed the Strait of Hormuz as US-Iran talks began in Switzerland. Here's what the oil chokepoint closure means for markets and crypto investors.

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

Iran announced it will close the Strait of Hormuz due to US ceasefire failures. Traffic normalization by June 30 at 10.5% YES.