Iran closes the Strait of Hormuz amid US tensions. Traffic normalization by August 31 at 19.5% YES.

Iran closes the Strait of Hormuz, warning against unauthorized shipping. Traffic normal by July 7 at 0.1% YES, by July 31 at 5.5% YES.

Iran says the Strait of Hormuz is closed again after a warning shot at a vessel, raising concerns over oil supplies, US tensions and regional security.