Iran controls Strait of Hormuz traffic
Analysis based on 9 articles · First reported May 25, 2026 · Last updated Jun 02, 2026
The increased control and restrictions by Iran>>> on the Strait of Hormuz>>> have led to a major surge in international oil and commodity prices, directly impacting global energy markets. The US sanctions on the Persian Gulf Strait Authority further escalate geopolitical tensions, creating uncertainty for shipping and trade.
The Islamic Revolutionary Guard Corps>>> (IRGC) has announced that 28 to 32 commercial vessels, including oil tankers and container ships, transited the Strait of Hormuz>>> in the past 24 hours under its coordination and security. This follows Iran>>>'s launch of a new regulatory body, the Persian Gulf Strait Authority (PGSA), to manage maritime traffic in the strategic waterway. The Islamic Revolutionary Guard Corps>>> asserts full authority over the strait, requiring all vessels to obtain permission for passage. The United States>>> has responded by imposing sanctions on the Persian Gulf Strait Authority, accusing Iran>>> of using it to extort commercial vessels and funnel revenue to the Islamic Revolutionary Guard Corps>>>. These measures by Iran>>>, implemented after alleged US-Israeli aggression and a blockade announced by Donald Trump>>>'s administration, have caused a significant surge in global oil and commodity prices, as the Strait of Hormuz>>> handles a fifth of the world's oil supply. Iran>>> has indicated a willingness to gradually reopen the strait if sanctions are lifted and aggression ceases, but also stated that pre-war shipping conditions will not return.
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