Iran halts Strait of Hormuz shipping, Israel ready to resume war
Iran has blocked shipping in the Strait of Hormuz, leading to a spike in global oil prices amid escalating tensions with the United States. Military readiness is high as regional conflicts intensify and reports of attacks on Iranian infrastructure emerge.
Why it matters
The closure of a critical maritime chokepoint poses a severe threat to global energy security and risks broader military escalation.
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A still taken from video footage released by Iran's Revolutionary Guards (IRGC)'s Sepah News website shows a missile being launched from an undisclosed location towards US targets in the region, July 16, 2026. /VCG
Iran claims that traffic through the Strait of Hormuz has dropped to zero, and restrictions on vessel transit will remain in place until conditions change, according to an informed source in the Islamic Revolutionary Guard Corps (IRGC) Navy on Sunday.
"As long as hostile actions and mischief by the United States continue, the Strait of Hormuz will remain blocked, and no permits will be issued for vessel transit," the informed source stated.
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