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International Oil Prices Surge About 9% as US to Block All Maritime Traffic to and from Iranian Ports at 10pm HKT
2026-04-13 07:47:42 US Central Command stated that it will begin blocking all maritime traffic to and from Iranian ports at 10:00 am Eastern Time on April 13 (10:00 pm HKT on April 13). Earlier, US President Donald Trump said that after peace talks between the US and Iran failed, the US Navy would begin blocking the Strait of Hormuz. International oil prices surged this morning (13th). Brent crude futures rose 8.69% to USD103.47 per barrel, while New York crude oil futures climbed 9.06% to USD105.44 per barrel. US Central Command said the blockade will be enforced equally on vessels of all nations entering or leaving Iranian ports, including all Iranian ports located in the Arabian Gulf and the Gulf of Oman, but will not impede the freedom of navigation for vessels transiting the Strait of Hormuz to and from non-Iranian ports. According to Iran state television, the Islamic Revolutionary Guard Corps stated that any warship attempting to approach the strait under any pretext would be regarded as violating the ceasefire agreement. US Vice President JD Vance, who is leading the US delegation in peace talks in Pakistan, said Iran refused to commit to not developing nuclear weapons, adding that failure to reach an agreement would be worse for Iran than for the US. A spokesperson for Iran's Foreign Ministry said the two sides had reached consensus on multiple issues but still had differences on "two or three key points", emphasizing that no one should have expected a single round of talks to produce an agreement from the outset. (mn/w)~ AASTOCKS Financial News Website: www.aastocks.com This article was automatically translated by AI, the Chinese version should be considered the authoritative version. AASTOCKS.com Limited does not guarantee its accuracy or completeness and accepts no liability for any damages or losses arising from the use of this translation. | |