Israel-Iran war LIVE updates: U.S. announces to block Hormuz today
The Hindu·2h ago·Fear
What Happened
Oil prices rose above $100 per barrel on April 13, 2026, after the U.S. Navy announced a blockade of the Strait of Hormuz. Brent crude jumped 7.98% to $102.80, while West Texas Intermediate reached $104.88. The blockade follows failed peace negotiations between the U.S. and Iran over the weekend. U.S. Central Command set the blockade start time at 10 a.m. ET. Oil tankers avoided the strait ahead of the action.
Key Entities
United States NavyIranStrait of HormuzBrent crudeWest Texas IntermediateDonald TrumpU.S. Central CommandApril 13, 2026