“Trump says U.S. will blockade Strait of Hormuz after Iran peace talks fail” [Mon, Apr 13 2026]
April 27, 2026
“President Donald Trump said the U.S. will blockade the Strait of Hormuz after talks to end the Iran war ended without a resolution over the weekend.
Trump also said the U.S. Navy will “seek and interdict every vessel in International Waters that has paid a toll to Iran.”
The blockade of vessels transiting the strait appears more limited than the broad enforcement action Trump initially announced. CENTCOM said the U.S. will not impede vessels transiting the strait to and from non-Iranian ports.
Trump is also considering resumption of limited military strikes in Iran in an attempt to break the peace talk stalemate, The Wall Street Journal reported, citing sources.”
https://www.cnbc.com/2026/04/12/trump-iran-war-strait-of-hormuz.html
This will have a negative effect on oil. Since oil is needed to make gas this will effect basically everything.