Iran maintains control over the Strait of Hormuz amid US blockade. WTI crude reaching $110 by July 2026 at 1.9% YES.

Iran plans to impose maritime fees and maintain control over the Strait of Hormuz. Traffic returns to normal by July 15 at 14.5% YES.

Iran is seeking international recognition of its control over the Strait of Hormuz and its ability to charge vessels entering or leaving the Gulf, two senior Iranian sources have…