Iran asserts control over the Strait of Hormuz, demanding compliance for shipping. Traffic normalizing by June at 6.5% YES.

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

Iran closes the Strait of Hormuz over US and Israel violations. Traffic normalizing by July 31 at 44.5% YES.