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CNN Business: 94 Days of Hormuz Paralysis — Only 7 Ships Transit; Cargo Vessel Struck in Northern Persian Gulf; Analysts Warn Through-2026 Disruption — Day 95

| Iran Conflict

CNN Business published a detailed analysis on June 2, 2026 (Day 95) titled '94 days of paralysis: The Strait of Hormuz remains choked off,' noting the closure had cut off approximately 20% of global oil supply since the conflict began February 28. Only 7 vessels transited the strait the previous Friday — far below the pre-crisis baseline of approximately 95 ships per day. Over the prior weekend, only 4 additional ships exited the strait. In total, 39 vessel strikes and 11 maritime-related deaths had been recorded in the region since the war began. A cargo vessel in the northern Persian Gulf was struck by an unknown projectile on or around June 2 — adding to the growing record of commercial shipping attacks that analysts say have effectively ended non-IRGC-authorized passage. The National reported that US-escorted ship crossings through the strait 'remain rare and risky,' noting that CENTCOM's navigational guidance program (which had escorted approximately 70 ships over three weeks through the Oman coast route) faced sustained IRGC deterrence. Polymarket odds on Hormuz traffic returning to normal by end of June were actively traded. Transport Topics cited OPEC+ analysts warning the disruption was expected to last through 2026 absent a formal deal. Brent crude remained near ~$97/bbl on Day 95 as markets awaited the outcome of the Doha round 4 negotiations and Trump's Lebanon ceasefire gambit.

Day 95: CNN Business — 94 days of Hormuz paralysis; only 7 ships transited; cargo vessel struck in northern Persian Gulf; analysts warn through-2026 disruption
Day 95: CNN Business — 94 days of Hormuz paralysis; only 7 ships transited; cargo vessel struck in northern Persian Gulf; analysts warn through-2026 disruption — CNN Business