Strait of Hormuz shipping may normalize before Aug. 1 amid US-Iran tensions

Shipping in the Strait of Hormuz faces instability as Iran orders vessels to turn back, with at least four ships changing course to challenge the International Maritime Organization evacuation route. These actions threaten global energy security and highlight diplomatic fragility. However, shipping may normalize before August 1 despite US-Iran tensions. Such normalization could stabilize global oil markets, ease energy supply concerns, and boost economic confidence during this period of escalating regional volatility and maritime challenges.