Trump resumes Iran port blockade, threatens strikes on energy targets
The US has resumed a naval blockade of Iranian ports, prompting Iran to threaten the closure of additional energy corridors, including the Bab el-Mandeb Strait. Houthi forces in Yemen have signaled their readiness to assist in disrupting shipping, further threatening global oil prices.
Why it matters
The potential expansion of the conflict to the Red Sea threatens critical global shipping lanes and could lead to a significant spike in energy costs.
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US President Donald Trump speaks during the signing ceremony for an executive order on mail ballots, in the Oval Office of the White House in Washington, DC, March 31, 2026.
Iran’s Islamic Revolutionary Guard Corps has threatened to close “all other export corridors that benefit the US and its allies”, Iranian media reported, after Iran shut the Strait of Hormuz and the US reimposed a naval blockade of Iranian ports.
“Regional energy exports are either shared by all, or denied to all,” the IRGC said in a statement carried by Iran’s IRNA state news agency on Wednesday.
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