Global shipping is grappling with a severe crisis as the Iranian Revolutionary Guard Corps (IRGC) has closed the Strait of Hormuz following joint US and Israeli strikes on Iran. The IRGC announced a complete blockade, with Iranian naval forces broadcasting that passage is prohibited under any circumstances, according to Reuters. This action effectively traps vessels within the Persian Gulf and severs vital trade routes, isolating major hubs like Jebel Ali from international maritime commerce. There is no viable maritime alternative to the Persian Gulf, creating an immediate deadlock for both energy and container shipments. In response, major container lines have reversed plans to resume Red Sea transits. Maersk has confirmed it is rerouting its ME11 and MECL services around the Cape of Good Hope, bypassing the Red Sea. CMA CGM has also halted its planned return of FAL1, FAL3, and MEX services to the Red Sea, citing a "complex and uncertain international context." With Hormuz blocked and anticipated Houthi militia activity in the Red Sea, shipping companies are prioritizing the safety of their crews and cargo over transit efficiency. The blockade is creating a critical bottleneck in energy and container markets. Major ports such as Jebel Ali are effectively cut off, with vessels inside the Gulf unable to depart and new arrivals unable to enter. Carriers are expected to discharge cargo at alternative regional ports, with subsequent shipments being moved via other means.