Trump’s naval blockade raises economic pressure on Iran in World Economy News 15/04/2026 How will Trump’s blockade of Iranian oil work? After US-Iran peace talks in Pakistan collapsed at the weekend, US President Donald Trump said the US Navy would block ships entering or leaving any Iranian port or coastal facility via the Strait of Hormuz. Until the war began in late February, a fifth of the world’s seaborne oil trade passed Hormuz, the narrow stretch of water between the Persian Gulf and the Indian Ocean. If successful, the blockade would sever Iran’s main source of revenue by halting its nearly 2 million barrel-per-day oil export trade, which Trump is betting will force Tehran back to the negotiating table. US officials said the goal was to strip Iran of leverage gained from its control of the waterway, which Tehran effectively shut when the war began, stranding hundreds of oil and gas tankers. Trump also framed the blockade as preventing Tehran from charging up to $2 million (€1.71 million) per vessel for safe passage through the strait, according to reports. “No one who pays an illegal toll will have safe passage on the high seas,” Trump wrote on Truth Social on Sunday, adding that the US Navy would also “begin destroying the mines the Iranians laid” in the strait. The United States Central Command (CENTCOM), which directs Washington’s military forces, said the blockade would not affect vessels traveling to and from non-Iranian ports — like Saudi Arabia, Qatar and the United Arab Emirates(UAE). How will the US Navy enforce the blockade? The operation, which began on Monday, was announced with a notice to mariners. CENTCOM said the blockade would be “enforced in the Gulf of Oman and Arabian Sea east of the Strait of Hormuz” and would include “the entirety of the Iranian coastline … not limited to ports and oil terminals.” The advisory continued: “Any vessel entering or departing the blockaded area without authorization is subject to interception, diversion and capture.” Maritime law experts said enforcement would rely on standard naval procedures known as the right of visit and search, where US warships stop and inspect tankers and can divert them if they are suspected of carrying Iranian oil. While the use of visit and search has precedent in naval warfare, several experts warned the blockade risked crossing into disputed territory under maritime law, affecting neutral ships and a long-term disruption of a critical international waterway. Within hours of the blockade starting, shipping data showed the trickle of tanker traffic through the strait had mostly halted. At least two tankers were turned back after attempting to cross the waterway. Trump warned Iran against retaliation, insisting that the country’s few remaining “fast attack ships” would be “eliminated” if they approached the blockade. How quickly could the blockade hit Iran’s oil exports? A US blockade could sharply curtail Iran’s ability to load and ship crude from its main export terminal, Kharg Island in the Persian Gulf, which handles more than 90% of the country’s oil shipments. Iran continues to export oil despite international sanctions tied to its nuclear program, relying on a shadow fleet of aging tankers, employing ship-to-ship transfers off Malaysia and other evasion tactics. The US had also given Iran temporary permission to sell its oil as a measure to help stabilize markets during the ongoing conflict. The new naval blockade is set to make those loadings fa