The United States military announced plans to impose a blockade on Iranian ports following failed negotiations in Pakistan, escalating tensions despite warnings from Iran that such a move would be considered an act of piracy.
Former President Donald Trump said the blockade would cover the vital Strait of Hormuz, a key global oil route, after talks led by JD Vance failed to reach an agreement.
The blockade is set to begin at 1400 GMT, targeting all vessels entering or leaving Iranian ports, though enforcement details remain unclear.
Oil prices surged by around 8 percent, with global benchmarks surpassing $100 per barrel, reflecting fears of renewed instability in energy markets.
While a ceasefire remains in place, the breakdown in talks has heightened concerns of renewed conflict, fueling uncertainty across the Middle East.
Source: PhilNews24 | April 14, 2026
