What does a US naval blockade of Iran mean for oil flows?
Blocking Iranian shipments would disconnect a significant source of oil from the world’s markets A vessel at the Strait of Hormuz, off the coast of Oman’s Musandam province, April 12, 2026. PHOTO: REUTERS The US military said it would block shipping traffic in and out of Iran’s ports starting at 10am ET (7pm PKT) on…