Hormuz: Disrupted — Not Yet Defined
The US announced a blockade—but flows are still uncertain.
US just announced a naval blockade on Iran-linked shipping.
For weeks, the market asked one question:
Is Hormuz open?
That question no longer works.
Because the situation has changed again.
Shipping has slowed sharply.
Some vessels have paused.
Some have turned back.
And yet— The system is not fully defined.
🔟 What Shipping Leaders Must Know — Right Now
1️⃣ Hormuz traffic has stopped again
Flows were already reduced—and then halted after the US announcement.