A joint military command in Iran has claimed that the Strait of Hormuz has been closed. However, U.S. Vice President JD Vance has stated that the Washington does not have any evidence of a shutdown and believes that the strait is still open. The strait is a vital waterway for global oil shipments, with approximately 21 million barrels of oil passing through it each day. The conflicting reports have raised concerns about potential disruptions to the oil market and international trade.