U.S. Blocks Iran Oil

Washington escalates economic pressure as Tehran threatens shipping and neighbors.

•Leans Right

Iran faces massive new triple-threat as Hormuz begins to open, cash gets tight and pols call to end the war

Iran issues Strait of Hormuz vessel blacklist, warns of seizures

The Iran war could last 'deep into 2027' as the Strait of Hormuz isn't that closed, allowing more oil to leak out—but major escalation is likely soon | Fortune

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Iran’s crude offers to Chinese buyers for September and October have dropped from July and August after the U.S. reimposed a blockade of Iranian ports on July 13, with no Iranian supertanker sighted crossing the Strait of Hormuz since July. U.S. Treasury Secretary Scott Bessent said “economic D-Day is coming” for Iran ahead of a Monday news conference expected to detail new sanctions. Traffic through Hormuz has risen nearly 400% over two weeks as vessels use a U.S.-backed corridor. Iran’s PGSA issued a “Non-Compliant Vessels” blacklist and warned listed ships could be detained or seized.

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Hormuz ControlLeans Right

Iran’s control over the Strait of Hormuz is slipping as ships increasingly ignore its demands. U.S.-backed routing has weakened Tehran’s ability to use the strait as leverage in the war.