As the regional conflict enters its third month, maritime traffic through the Strait of Hormuz has come to a near-complete standstill. Following a series of missile exchanges and the reported seizure of multiple tankers by IRGC forces, international shipping conglomerates have diverted all vessels around the Cape of Good Hope. Global energy markets are reacting to the total blockade, with Brent Crude breaching historical highs as diplomatic efforts in the region continue to falter.