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President Donald Trump has signaled that the U.S. Navy will enforce a blockade of the Strait of Hormuz, targeting any vessel that has paid a toll to Iran. The announcement sent oil futures soaring past $100 per barrel on Monday, reviving fears of a deeper global energy crisis. U.S. Central Command later clarified that the operation would focus on ships entering or leaving Iranian ports, a narrower scope than the initial threat to shut the entire strait. Nonetheless, experts say the move would still choke a critical chokepoint in world oil supply. "Anything that removes oil from the market pushes prices higher, which in turn lifts gasoline costs," explained Trita Parsi, co‑founder of the Quincy Institute. He warned that if Iran’s allies, notably the Houthis in Yemen, retaliate by closing the Bab al‑Mandeb strait, oil could surge above $150 a barrel. Bab al‑Mandeb serves as an alternative route for Gulf oil to reach the Red Sea and Indian Ocean. Its closure would compound the disruption already caused by the Hormuz threat. Since the start of the U.S.–Israeli conflict on February 28, Iran has limited traffic through Hormuz, allowing only a handful of vetted ships. Windward estimates that about 3,200 vessels were stranded west of the strait as of Saturday. Former chief economist Anas Alhajji of NGP Energy Capital Management expects non‑Iranian carriers to avoid the strait regardless of U.S. assurances, citing rising insurance premiums and the risk of Iranian retaliation. "The Trump blockade of Iranian ports is effectively a blockade of the Hormuz Strait," he told Al Jazeera. The ripple effects extend beyond fuel. Higher oil and gas prices will lift the cost of chemicals, fertilizers and plastics feedstocks, analysts say. Cameron Johnson, senior partner at Tidalwave Solutions, predicts a rapid increase in raw‑material prices if the blockade persists into late April or early May. "The wild card is the timeframe," Johnson noted. "If it’s a short‑term negotiating tactic, the market may absorb it, but a prolonged blockade will spike global commodity prices." Supply‑chain experts warn of broader repercussions. Deborah Elms of the Hinrich Foundation highlighted that rising fabric costs and packaging shortages could strain food production and consumer goods later in the year. Industry observer Chad Norville of Rigzone said the mere threat erodes confidence in the strait’s stability, likely driving up insurance costs and reducing daily trade volumes. In sum, a U.S. blockade of Iranian ports would mark a stark reversal of recent policy, which had briefly eased sanctions to alleviate the energy crunch. The potential escalation underscores how geopolitical moves can quickly translate into higher energy bills and broader economic strain worldwide.

The United States military confirmed that, beginning at 10 a.m. Eastern Time (14:00 GMT) on April 13, all maritime traffic entering or leaving Iranian ports will be blocked. The directive, issued by U.S. Central Command (CENTCOM), targets vessels of every nation operating in the Gulf and the Gulf of Oman, but explicitly excludes ships merely transiting the Strait of Hormuz to non‑Iranian ports, marking a narrower scope than former President Donald Trump’s broader strait‑wide threat. This decisive action follows the abrupt end of marathon peace talks in Islamabad, where negotiators failed to secure a memorandum of understanding with Tehran. The stalemate has revived fears of renewed hostilities, prompting the U.S. to leverage maritime pressure as a bargaining chip. Financial markets reacted sharply: U.S. crude oil prices surged 8 % to $104.24 per barrel, while the benchmark Brent crude rose 7 % to $102.29. The spikes reflect investor anxiety over potential disruptions to the flow of oil and liquefied natural gas that currently passes through the Strait of Hormuz, a chokepoint responsible for roughly one‑fifth of global energy shipments. Since the February 28 launch of a joint U.S.–Israel operation against Iran, the strait’s traffic has dwindled to a trickle. Iran continues to navigate its own vessels and has allowed limited passage for foreign ships, while discussing a post‑conflict toll system for the waterway. In response to the blockade threat, Iran’s Islamic Revolutionary Guard Corps warned that any U.S. warship attempting to enforce the measure would breach the existing U.S.–Iran ceasefire—set to expire on April 22—and would be "dealt with severely." Iranian Foreign Minister Abbas Araghchi blamed the United States for the diplomatic failure, accusing U.S. negotiators of "shifting the goalposts" when a deal was "just inches away." Academic commentary echoed regional concerns. Zohreh Kharazmi, an associate professor at the University of Tehran, asserted that the United States "is not in a position to dictate" Iranian maritime movements and warned that a prolonged standoff would quickly reveal which side—"the resilience of the Islamic Republic or the resilience of global markets"—would suffer first. While the blockade targets Iranian ports, CENTCOM emphasized that it will not impede freedom of navigation for vessels merely passing through the Strait of Hormuz, a subtle but significant concession aimed at avoiding a full‑scale maritime confrontation.

Effective 10:00 a.m. ET (14:00 GMT) today, the United States military will block all maritime traffic entering and exiting Iranian ports through the Strait of Hormuz, a move that marks a significant escalation in regional tensions. The directive, announced by U.S. defense officials, aims to prevent any vessel—commercial or otherwise—from using the narrow waterway that links the Persian Gulf with the Gulf of Oman. By sealing off the strait, Washington seeks to exert pressure on Tehran amid ongoing diplomatic disputes. In response, Iran’s Islamic Revolutionary Guard Corps (IRGC) issued a stark warning: any military vessel that approaches the strait will be deemed a breach of the cease‑fire and will be "dealt with severely". The IRGC’s statement underscores the risk of a rapid military confrontation should either side perceive a violation. Analysts note that the Strait of Hormuz handles roughly 20% of global oil shipments, so a full blockade could disrupt international energy markets and amplify economic uncertainty worldwide. The action also raises questions about the legal basis for such a blockade under international maritime law. Both the United States and Iran have signaled that the situation remains fluid, and further developments are expected as diplomatic channels attempt to defuse the standoff.

A federal judge in Miami has dismissed former President Donald Trump’s defamation lawsuit against the Wall Street Journal and News Corp, granting the former president a two‑week deadline to refile the case. Trump’s suit, filed last summer, alleged that a lewd drawing featured in a July 2025 article—purportedly a “bawdy” birthday letter to the late financier Jeffrey Epstein—was fabricated, and that the newspaper published it with actual malice. The complaint also named media mogul Rupert Murdoch, whose News Corp owns the Journal, as a defendant. Judge Darrin P. Gayles ruled that the complaint “fails to adequately allege actual malice,” the legal standard required for defamation actions by public figures. He noted that the Journal had conducted a “significant” inquiry into the authenticity of the drawing and that Trump’s assertion of falsity alone does not prove the newspaper acted with “serious doubts” about the story’s truth. In his opinion, the judge wrote: “Because President Trump has not plausibly alleged that defendants published the article with actual malice, both counts must be dismissed.” He also observed that Trump’s team had not presented evidence of special damages. Under the order, Trump may refile the lawsuit by April 27 with additional proof that the Journal knowingly published false material. A spokesperson for Trump’s legal team confirmed they will pursue a revised filing, emphasizing the administration’s intent to “hold accountable those who traffic in fake news.” The Wall Street Journal and its parent company, Dow Jones, welcomed the decision. A Dow Jones representative said, “We stand behind the reliability, rigor and accuracy of The Wall Street Journal’s reporting.” The dismissal underscores the stringent “actual malice” requirement for defamation suits involving public officials, a threshold that continues to shape media‑law battles in the United States. It also leaves Trump with ongoing litigation against the BBC and other media outlets over separate First Amendment disputes.

World champion boxer Terence Crawford was found guilty of careless driving on Monday and ordered to pay a $75 fine stemming from a traffic stop last year that led to a gunpoint incident. The incident occurred on September 28, hours after Crawford's hometown of Omaha held a parade to celebrate his unanimous-decision victory over Canelo Álvarez in a super middleweight championship fight.Crawford was stopped by police after officers observed his vehicle driving recklessly. During the stop, Crawford's head of security informed an officer that he was carrying a legal firearm, and seconds later, another officer spotted a gun on the floorboard. With guns drawn, officers ordered everyone out of the vehicle. Crawford claimed he had leaned over to tell the officer that he also had a legal firearm, but the officer didn't hear him. Police confirmed that all occupants of the vehicle were legally permitted to carry firearms.The traffic stop led to an internal investigation by the Omaha police chief into the officers' actions, which was found to have been lawful. In addition to the $75 fine, Crawford was ordered to pay $49 in court costs. This incident comes after Crawford announced his retirement in December with a 42-0 record and 31 knockouts, making him the first male boxer to capture three unified division titles.

Los Angeles residents are facing sticker shock over the presale ticket prices for the 2028 Olympics, with many expressing frustration over the high costs. The tickets, which went on sale for local residents on April 2, range in price from $28 to thousands of dollars.Many residents found that the lower-priced tickets quickly sold out or were unavailable for popular sports like gymnastics and track and field, leaving them with more expensive options. A 24% service fee was also added to the ticket prices, which some residents found excessive.One resident, Kathy Dorn, spent around $1,200 on tickets to watch the rhythmic and artistic gymnastics preliminaries and the sailing finals. She was deterred from buying a ticket to a swimming event due to the high price of $558 per ticket for a two-hour event.Another resident, Tony Anthony, spent $11,000 on eight tickets for track and field events, with nearly $400 going toward the service fee. He noted that the lower-priced tickets were not available during his time slot.The LA Olympics committee has defended the ticket prices, stating that most of the $28 tickets went to purchasers in southern California and Oklahoma City. They also noted that the ticket prices are meant to ensure that the Games can break even without burdening the city with costs.The high ticket prices have raised concerns among residents, particularly in Inglewood, where the opening ceremony and some events will take place. Some residents are worried that they will be priced out of attending the Games and will have to bear the burden of traffic, congestion, and noise during the events.

Oil prices jumped back above $100 a barrel and global stocks fell after weekend talks between the US and Iran ended without an agreement and Donald Trump imposed a blockade of the Strait of Hormuz. The US president announced the blockade on Sunday, targeting Iranian vessels and ships that have paid a toll to Iran for passage through the strait, in an attempt to choke off the flow of Iranian oil.US Central Command said it would start at 10am ET (5.30pm in Iran and 3pm in the UK), blocking all Iranian Gulf ports and coastal areas, in effect seizing control of maritime traffic in the Strait of Hormuz. The news drove oil and gas prices sharply higher again, after the two-week ceasefire between the US and Iran announced on Wednesday prompted a sharp fall in energy prices, and crude ended the week below the psychological $100 a barrel threshold.Brent crude rose by nearly 7% to $101.74 a barrel on Monday morning, while US crude is up more than 8% to $104.69 a barrel. Gas prices also increased, with the British wholesale gas contract for May soaring by 11.7% to 122.5p a therm. Analysts at JPMorgan Chase said last week they expected oil prices to stay high in the second quarter, above $100 a barrel, before easing in the second half of the year.Most Asian stock markets fell on Monday, with Japan’s Nikkei down 0.7% and Hong Kong’s Hang Seng index losing 1%, while Chinese stocks rose slightly. Sentiment was helped by Beijing’s announcement of a 10-initiative strategy aimed at deepening ties with Taiwan. European stocks also fell, led by airlines including Lufthansa, Wizz Air, easyJet and British Airways parent IAG. The FTSE 100 index in London lost 0.4%, dropping 45 points to 10,555. Germany’s Dax fell 1%, Italy’s FTSE MiB slipped 0.7% and Spain’s Ibex was down 1.1%. With oil and gas prices rising sharply higher, energy companies such as BP and Shell are rallying.Priyanka Sachdeva, senior market analyst at the broker Phillip Nova, said: “In today’s environment, every barrel of risk added to oil markets carries an inflation price tag for the global economy.” She added: “The market reaction underscores a simple but powerful reality: Hormuz risk is not theoretical; it is structural, and it is real.”Interest rate expectations have shifted again; investors now see an 84% chance of two rate increases from the Bank of England this year to tackle rising inflation, up from 60% on Friday. Before the Iran war, the central bank was expected to cut rates. The price of gold fell 0.4% to $4,730.75 an ounce as the blockade fuelled inflation concerns, prompting traders to scale back expectations for Federal Reserve rate cuts this year.

The ongoing US-Israel war on Iran has taken a critical turn with Donald Trump's announcement that the US Navy would start blockading the Strait of Hormuz. This strategic waterway is crucial for global oil shipments, and any disruption could have significant economic impacts. In response, Iran's Revolutionary Guard warned that approaching military vessels to the strait would be considered a violation of the ceasefire. This development has led to a surge in oil prices, with US crude oil rising 8% to $104.24 a barrel and Brent crude oil increasing 7% to $102.29. The blockade, set to begin on Monday morning, will be implemented by US Central Command (Centcom) and will affect all maritime traffic entering and exiting Iranian ports. This move is part of a broader strategy that may include resuming limited military strikes in Iran, according to reports. The situation has drawn international attention, with Australian Prime Minister Anthony Albanese stating that his government has not been asked to participate in the blockade and is keen on continuing negotiations between the US and Iran. Meanwhile, Iranian parliamentary speaker Mohammad Bagher Ghalibaf dismissed Trump's threats, asserting that they would have no effect on the Iranian nation.

President Donald Trump declared that the U.S. Navy will commence a blockade of the Strait of Hormuz immediately after peace talks between Washington and Tehran in Pakistan ended without an agreement. In a social‑media post, Trump labeled Iran’s actions as “extortion” and warned that American warships would hunt down and interdict any ship that has paid Iran a toll to traverse the waterway, while also beginning mine‑clearing operations. Iran’s Revolutionary Guard responded that civilian vessels may still cross the strait under “specific regulations,” but any military craft attempting entry would be deemed a breach of the cease‑fire and would be “dealt with severely.” Since the February 28 war launched by the United States and Israel, Iran has effectively taken control of the strategic chokepoint, a route that carries about 20% of the world’s oil and liquefied natural gas shipments. Traffic has now dwindled to a trickle, sending shockwaves through the global economy and raising alarm among Gulf Cooperation Council (GCC) states. Al Jazeera correspondents noted that the rhetoric from the White House has amplified “alarm bells” across the GCC, where leaders had hoped the two‑week ceasefire would evolve into a longer‑term peace framework. Oman’s foreign minister, Badr Albusaidi, urged on social media that the ceasefire be extended and that all parties make “painful concessions” to avoid a return to war. Trump’s statements also included a stark threat: any Iranian forces that fire on U.S. or “peaceful” vessels would be “blown to hell.” He claimed the blockade would involve “other countries” and that the United Kingdom, along with “a couple of other nations,” were dispatching minesweeper vessels to assist – a claim the British government has not confirmed. Domestic criticism emerged quickly. Democratic Senator Mark Warner told CNN he “doesn’t see how blockading the strait will compel Iran to open it,” questioning the strategic logic behind the move. Iran denied U.S. allegations that two of its warships had recently passed through the strait for mine‑clearing, warning that any military vessel attempting such a passage would meet a “strong response.” Tehran officials have floated the idea of instituting a post‑conflict toll system for vessels using the waterway, a prospect that could further entrench Iran’s leverage over global energy flows. Analysts warn that heightened tensions in the Hormuz corridor could push oil prices higher, amplifying inflationary pressures worldwide. As the situation unfolds, mediators continue to press both sides to resume diplomatic talks and avoid a broader escalation.