US Plans Extended Blockade of Iran Amid Ceasefire

Apr 29, 2026

72 min

Apr 29, 2026 14:30

US-Iran ceasefire: Trump plans long blockade of Iran's ports

## US-Iran Tensions Persist

The United States is preparing for a prolonged blockade of Iran's ports and the Strait of Hormuz, as President Donald Trump remains firm on not lifting the blockade without addressing Iran's nuclear program. This comes despite Iran's offer to ease the chokehold on the Strait if the US ends its blockade.

## Economic and Political Impact

Oil prices have surged, with Brent crude reaching over $117 a barrel, following the news of the potential extended blockade. This has raised concerns about increased fuel and airfare costs globally. Meanwhile, Iran's currency, the rial, has plummeted to a record low, exacerbating economic challenges in the country.

## Regional and Global Reactions

The ongoing conflict has led to heightened volatility in global markets, with Canada's central bank warning of the impact on borrowing costs. The European Union is adjusting state aid rules to support sectors hit by rising energy prices due to the conflict.

## Humanitarian Concerns

In Lebanon, over 1.2 million people are facing acute hunger as the war between Israel and Hezbollah continues, despite a ceasefire. The UN and Lebanese authorities have highlighted the severe food insecurity affecting nearly a quarter of the population.

## Political Developments

Lebanon's President Joseph Aoun insists on a full ceasefire implementation by Israel before engaging in direct talks. Meanwhile, US Defense Secretary Pete Hegseth is set to face congressional scrutiny over the costs and conduct of the Iran war.

Read the full story at the source

What you need to know to get Emirates ID?

Leave your details and get a guide as a gift to avoid mistakes

Article contents