Tehran signals plan to announce restricted zone near Strait of Hormuz

Iranian officials indicated Tehran would announce a new restricted zone near the Strait of Hormuz following the exchange of tanker and warship attacks with the United States, as both sides escalated efforts to control the strategic waterway.

Why this matters. A declared restricted zone would formalize Iran's attempt to control access through Hormuz, adding legal and military risk for commercial vessels and further suppressing the roughly 95% drop already seen in strait traffic.