Iran Keeps Strait of Hormuz Closed Amid US Tensions
Iran has announced that the Strait of Hormuz will remain closed until the US lifts its naval blockade of Iranian ports. This closure has halted the movement of LNG tankers, impacting about one-fifth of global LNG supplies and causing price increases and shortages in emerging Asian markets. Since the US-Israeli offensive on Iran began in late February, no loaded LNG vessels have exited the Persian Gulf. Iran's Revolutionary Guards warned that any attempt to approach the strait would be viewed as cooperation with the enemy and could lead to targeting of vessels. While Iran's parliamentary speaker noted some progress in negotiations with the US, he stated that a final agreement is still distant.
Published 2 days ago • 19 Apr 2026, 07:55 AM IST