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Tag: oil

Iran Re-Closes Strait of Hormuz and Fires on Indian Ships

One day after briefly reopening the Strait of Hormuz, Iran's Revolutionary Guard reversed course on April 18, 2026, re-closing the waterway and firing on two Indian-flagged merchant ships — the tanker Sanmar Herald and cargo vessel Jag Arnav — forcing them to turn back. The IRGC warned that "no vessel should make any movement" toward the strait and declared it would remain shut "until the US restores full freedom of navigation for vessels travelling from Iran." The re-closure came after President Trump declared the strait "COMPLETELY OPEN" on Truth Social while simultaneously insisting the US naval blockade on Iran would remain "in full force." Iran accused the US of violating the ceasefire deal by maintaining the blockade. India summoned Iran's ambassador, calling the attack on its ships "completely unacceptable." European allies demanded unconditional reopening of the strait.

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9 statements

Trump Orders U.S. Navy Blockade of Strait of Hormuz

Hours after the Islamabad peace talks collapsed without a deal on April 12, 2026, President Trump announced the U.S. Navy would "immediately" begin blockading the Strait of Hormuz — the chokepoint for 20% of global energy supplies. Trump ordered the Navy to interdict "any and all ships" entering or leaving the strait and to seize vessels that have paid tolls to Iran. Oil prices surged above $100/barrel. The blockade is backed by a mine-clearing operation and a 40+ nation coalition led by the U.K. Iran's Revolutionary Guard warned the U.S. would be "trapped in a deadly vortex" if it made the wrong move. Senate Intelligence Vice Chair Mark Warner questioned the logic: the strait was open before the war started.

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12 statements