IRGC actions escalate tensions, threatening the Iran-US MoU. Strait of Hormuz traffic normal by July 15 at 12.5% YES.

This photo taken on June 20, 2026 shows the Strait of Hormuz near Khasab, a small town in northern Oman. [Photo/Xinhua]

Renewed military strikes between Iran and the US threaten shipping recovery. Targeting shipping by July 31 at 88.5% YES.