Hormuz Strait Remains Open Amid US-Iran Tensions

The United States military has confirmed that the Strait of Hormuz remains open for commercial shipping, despite ongoing tensions between the U.S. and Iran.

This announcement comes amid heightened regional hostilities in the strategic waterway, a critical chokepoint for global oil transport.

The strait's operational status is significant, as market pricing indicates a 29.5% probability that traffic will return to normal by September 30.