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US blockade of Iran ports threatens already crippled oil supply
April 14, 2026
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Posted 5 hours ago by
Washington's decision to blockade Iranian ports in the Strait of Hormuz is sending tremors through global energy markets, raising fears of a fresh oil shock by threatening supplies to Asia.Iran had continued to pump crude to Asia since the start of the Middle East war, partly shielded by its elusive dark fleet. Roughly one-fifth of the world's oil normally flows through the vital waterway.
In recent weeks, Iran has already tightened the screws, sharply slowing maritime traffic and reportedly charging transit fees.
Al-Monitor
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