Iran closes the Strait of Hormuz, disrupting global oil supply. Traffic returning to normal by August 31 at 16.5% 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 closes the Strait of Hormuz, disrupting oil supply. WTI reaching $110 in July 2026 at 1.9% YES.