Iran fires at two ships in the Strait of Hormuz, causing traffic to drop. Fewer than 150 ships to transit the Strait from July 6-12 at 82.3% YES.

Iran closes the Strait of Hormuz, causing maritime traffic to drop. Traffic returns to normal by August 31 at 17.5% YES.

Iran enforces a selective blockade with only six ships navigating the Strait of Hormuz. Fewer than 150 ships transit from July 6-12 at 79% YES.