The United States has imposed a blockade on Iranian ports starting from 4 a.m. on the 15th, causing a sharp increase in oil prices.
BlockBeats News, July 14, local time. On the 13th, the Joint Maritime Information Center (JMIC), led by the U.S. Navy, stated that the U.S. military began to enforce a maritime blockade on all Iranian ports and coastal areas starting at Greenwich Mean Time 20:00 on July 14 (东八区04:00 on July 15).
The blockade applies to all vessels, regardless of their flag. It covers the entire Iranian coastline, including but not limited to Iranian ports and oil terminals. The blockade will not impede the transit of neutral ships to and from non-Iranian destinations through the Strait of Hormuz. The transport of humanitarian supplies will be allowed but subject to inspection.
Due to the escalated tensions between the U.S. and Iran, oil prices surged today. According to Bitget, WTI crude oil was priced at $78.825, with a daily gain of 6.97%, while Brent crude oil was priced at $82.78, with a daily gain of 9.01%.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
AstraZeneca (AZN.US) invests in Summit (SMMT.US), gaining positive outlooks from JPMorgan and Citi: Cancer drug strategy awaits validation
Analysts from JPMorgan and Citi have welcomed the deal between AstraZeneca and Summit Therapeutics, stating that it aligns with AstraZeneca's cancer strategy.
The United States relaxes fuel standards, significantly reducing technology costs for automakers: General Motors (GM.US) is expected to save 20.4 billion dollars, and the price per vehicle may drop by nearly 1,300 dollars.
The United States has relaxed fuel economy standards, allowing automakers to save $60.6 billions in technology costs by 2031, with the cost per vehicle expected to decrease by $1,289.
Crypto prices
More
