Strait of Hormuz traffic remains below normal as US sanctions pressure Iran

Key Points:

• Iran’s acting defense minister Brig. Gen. Majid Ebn al-Reza hinted at undisclosed military “surprises” for adversaries, emphasizing advancements in defense industries and youth knowledge, amid ongoing U.S. pressure campaigns.
• Former U.S. ambassador Gordon Sondland criticized Europe for maintaining business ties with Iran despite U.S. sanctions, urging Europe to clearly choose between supporting the U.S. or Iran in the escalating tensions.
• The UK Maritime Trade Organization reported a “severe” threat level for ships transiting the Strait of Hormuz, with significantly reduced vessel traffic due to security concerns and ongoing U.S.-Iran hostilities.
• Iran’s ambassador to Germany and Foreign Minister expressed willingness to engage in dialogue with the U.S., stressing that diplomatic progress depends on U.S. respect, trust-building, and acknowledgment of Iran’s rights.
• The U.S. Treasury Department targeted a UAE bank linked to Iranian shadow banking networks as part of Operation Economic Outcast, aiming to cut off Tehran’s access to U.S. dollars, while the bank affirmed its cooperation and respect for legal processes.