Iran's military shut down the Strait of Hormuz again on Sunday, disrupting maritime traffic just days after a brief resumption. The waterway, a critical artery for global oil shipments, saw 55 vessels pass through it on Saturday, according to the U.S. military. The sudden closure raises fears of renewed instability in the region, with potential ripple effects on energy markets and shipping logistics. Analysts warn that prolonged disruptions could delay cargo deliveries and drive up fuel costs, impacting industries reliant on timely imports. Businesses with operations in the region are likely monitoring the situation closely, given the strait's role as a chokepoint for over 20 million barrels of oil daily. Geopolitical tensions** remain high, as Iran's actions risk escalating diplomatic friction with Western powers and Gulf allies.