Iran has effectively closed the Strait of Hormuz by halting the issuance of passage permits to vessels, according to reports from the Fars news agency. The decision was made by the Islamic Revolutionary Guard Corps (IRGC) Navy and remains in effect until further notice. A source within the Iranian armed forces confirmed the suspension on Sunday. This action significantly impacts international shipping, as the Strait of Hormuz is a crucial chokepoint for global oil supply. The move follows heightened tensions in the region and raises concerns about potential disruptions to maritime traffic. No specific reason for the suspension has been publicly stated by Iranian officials. The situation is developing, and the duration of the closure remains uncertain.