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Oil prices near $100 as U.S. Navy blockades Iran's ports after peace talks fail

The blockade took effect Monday at 10 a.m. ET. U.S. Central Command said it will not impede vessels transiting to and from non-Iranian ports. Grouped from 2 articles across 2 sources.

2 reports2 sourcesApr 13, 2026, 7:58 PM
FilterCNBC
Clustered coverageCNBC, The Guardian
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CNBCApr 13, 2026, 7:58 PM

Oil prices near $100 as U.S. Navy blockades Iran's ports after peace talks fail

The blockade took effect Monday at 10 a.m. ET. U.S. Central Command said it will not impede vessels transiting to and from non-Iranian ports.

The GuardianApr 13, 2026, 3:04 PM

Oil prices top $100 a barrel after talks fail and Trump orders Hormuz blockade

Naval blockade an attempt to choke off flow of Iranian oil as US president threatens to ‘eliminate’ nearby ships Explainer: strait of Hormuz blockade Business live – latest updates 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 said on Sunday the blockade would target 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. Continue reading...

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