U.S. to Begin Maritime Blockade of Iranian Ports at 04:00 Beijing Time; Oil Prices Jump
The U.S. military will begin a maritime blockade covering all Iranian ports and coastal areas at 20:00 GMT on July 14, or 04:00 Beijing time on July 15, according to the Joint Maritime Information Center (JMIC). The measure applies to all vessels regardless of flag and spans Iran’s entire coastline, including ports and oil terminals. JMIC said the blockade will not interfere with neutral vessels transiting the Strait of Hormuz to non-Iranian destinations, while humanitarian cargo will be allowed through after inspection. As tensions between the U.S. and Iran escalated again, crude prices moved sharply higher. Bitget market data showed WTI crude at $78.825, up 6.97% on the day, while Brent crude was at $82.78, up 9.01%.








