#USMilitaryToBlockadeStraitOfHormuz
🛢Oil above $100 – the market reacted to the US announcement of a blockade of all Iranian maritime traffic. Since Monday morning, prices have exceeded $102 per barrel.
ℹ️ The US announced a blockade of all vessels entering or leaving Iranian ports starting at 10 a.m. ET on April 13.
▪️The restrictions will apply to all vessels without exception, regardless of country. ▪️This applies to entry and exit from Iranian ports, including the Persian Gulf and the Gulf of Oman.
▪️However, transit through the Strait of Hormuz for other destinations will not be restricted. The US Central Command stated that the measures are aimed exclusively at shipping associated with Iran.
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