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Iran · Oil Prices · Strait Of Hormuz · US Blockade
The United States, led by President Donald Trump, initiated a blockade of all maritime traffic tied to Iran, including vessels entering or exiting Iranian ports, effective April 13, 2026, following the collapse of negotiations, significantly escalating the Strait of Hormuz crisis.
U.S. Central Command (CENTCOM) confirmed the impartial enforcement of the blockade against vessels of all nations across the Persian Gulf and Gulf of Oman, with humanitarian cargoes allowed subject to inspection. CENTCOM clarified that neutral transit through the Strait of Hormuz to non-Iranian destinations will not be impeded, but any vessel linked to Iranian trade faces interception and capture.
This policy shift contradicts previous U.S. efforts, such as unlocking 140 million barrels of sanctioned Iranian oil, which aimed to stabilize global markets. Concurrently, U.S. naval forces, including destroyers USS Frank E. Peterson (DDG 121) and USS Michael Murphy (DDG 112), are clearing Iranian mines to establish a safe passage, though confidence in the route remains severely disrupted.
Oil prices pushed toward $100 per barrel, reflecting growing concern over supply disruptions in the Strait, which carries 20% of global seaborne energy flows.
US Blockades Iran Trade, Escalates Hormuz Risk(current)