Iran's IRGC-led military command declared the strait closed to all vessel traffic, citing continued Israeli strikes in southern Lebanon as a 'blatant breach' of the MOU; Iran's foreign ministry contradicted the declaration within hours, saying shipping was operating normally, while US officials said transits were continuing via the southern route and analysts assessed the move as strategic messaging rather than an operational closure. Declaration came on a Saturday, with the first US trading response on Monday June 22.
Computed, not asserted — every number here is derived from public data: official EIA Brent closes via FRED, IMF PortWatch transit counts, Polymarket and Kalshi odds, and source-linked curated events. Method and caveats · Atom feed · llms.txt