Iran turns back three oil tankers in the Strait of Hormuz. Traffic returns to normal by June priced at 10.2% YES.

Iran tightens control over the Strait of Hormuz, excluding Israeli ships. UK warships through the Strait by June 30, 2026 at 2.8% YES.

The U.S. and Iran have been engaged in public disputes over the terms of their interim deal, fueling continued uncertainty about the future of the crucial waterway even as oil…