The ongoing US naval blockade of Iranian ports, reimposed on July 14, 2026, after a brief June lift tied to an interim memorandum of understanding, remains in effect with active enforcement through late September. CENTCOM has redirected over 120 vessels attempting to breach the line, disabled noncompliant ships, and halted new Iranian crude exports from the Persian Gulf, leaving Tehran reliant on pre-blockade stockpiles amid 70% inflation. Stalled 60-day negotiations on nuclear issues, sanctions relief, and Strait of Hormuz security—following collapsed ceasefires and renewed strikes—sustain trader views that an end announcement is unlikely without major diplomatic breakthroughs. No scheduled summits or votes currently signal near-term resolution, though shifts in US-Iran talks or regional incidents could alter timelines.