
Latest April 16, 2026 ยท 6:00 PM Economy, Foreign Affairs, Defense
Trump Blockades Iran's Oil Ports
US naval blockade of Iranian ports in effect since April 13 after Islamabad peace talks collapsed; April 22 ceasefire expires in six days; oil at ~$95.
What the President did: Trump ordered the blockade and warned Iranian vessels would be 'eliminated'; Treasury threatened secondary sanctions on two Chinese banks; no public direct channel to Tehran.