Skip to content
Back to Guavy Wire
Commodities

US Reinstates Blockade as Tensions Flare Across Persian Gulf

Instruments
Oil
Share

The United States reinstated its naval blockade of Iranian ports on July 14 following Iran's attacks on commercial vessels transiting the Strait of Hormuz starting July 7. The move reignited tensions across the Persian Gulf, ultimately resulting in the collapse of the U.S.-Iran Memorandum of Understanding signed June 17.

The U.S. blockade has had a significant impact, with 18 commercial vessels redirected by U.S. forces as they tried to run the blockade. Two vessels that didn't comply were disabled, and two others were boarded to ensure total compliance.

Meanwhile, Yemen's Iran-backed Houthis have declared a naval blockade against Saudi Arabian ports on July 20, claiming to have attacked two tankers laden with Saudi crude oil in the Red Sea on July 22. The Houthi threats and attacks are prompting some tankers to reroute in the Red Sea.

According to Windward, transits of the Bab el Mandeb have fallen by 22% since the Houthi blockade.

More on Commodities

Disclaimer: Guavy is a data and market intelligence provider, not an investment advisor. The information, signals, and market analysis provided by the Guavy API and related services are for informational purposes only and are not intended as financial advice, investment recommendations, or an endorsement of any particular trading strategy. Trading in volatile markets, including cryptocurrency, carries significant risk and may not be suitable for all investors. Past performance is not indicative of future results. Users should consult with a qualified financial professional before making any investment decisions. Guavy makes no guarantee of trading profits or financial returns.

Real-time market sentiment intelligence for apps, funds & agents

Location

729 55 Ave SW
Calgary AB T2V 0G4
Canada

© 2026 Guavy Inc