← April 13, 2026 briefing
US Blockades Iran as Oil Surges Past $103
World

US Blockades Iran as Oil Surges Past $103

The US military has announced a naval blockade of Iranian ports beginning at 14:00 GMT Monday, after US-Iran nuclear talks in Pakistan collapsed after 21 hours without a deal. Iran's negotiators vowed to fight back, Trump threatened to bomb water treatment facilities, and oil markets responded by blowing past $103 a barrel for the first time in years. The UK has already broken ranks, declining to join the blockade while keeping its minesweepers and anti-drone assets in the region.

MarketWill the U.S. invade Iran before 2027?
Will the U.S. invade Iran before 2027?33% chance
Sources

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