Maritime activity continues in the Strait of Hormuz despite Iran's closure claim. Traffic normalization by August 31 at 17.5% 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 closes the Strait of Hormuz amid US tensions. Traffic normalization by August 31 at 19.5% YES.

Iran shuts down the Strait of Hormuz amid US tensions. Traffic returns to normal by August 31 at 19.5% YES.

Iran reaffirms control over the Strait of Hormuz amid US tensions. Normal traffic by August 31 at 17.5% YES.