Iran seizes a Greek tanker near the Strait of Hormuz amid rising tensions. Traffic normalization by August 31 at 14.5% YES.

Iran targets two oil tankers in the Strait of Hormuz. Traffic normal by August 31 at 13.5% YES.

Iran declares its rights over the Strait of Hormuz non-negotiable. Traffic normalizing by August 31 at 15.5% YES.