Aug. 13 at 1:33 PM
$MXC AI Overview The status of the Strait of Hormuz is a major point of conflict. The U.S. says the waterway is open under its control, but Iran and tracking data show it remains effectively closed or heavily restricted due to military control, threats, and a U.S. naval blockade.Current SituationTraffic Levels: Only a small number of ships cross the strait now. Daily crossings have dropped to under ten vessels, down from over 130 before the conflict.Iran Position: Iran states the route will stay shut until the U.S. lifts its naval blockade and meets a list of demands.U.S. Position: President Trump claims the U.S. military has total control of the passage and calls the naval blockade a "wall of steel".Shipper Response: Cargo ships and oil tankers mostly avoid the area due to high risk, lack of insurance, and fear of military attacks
