Politics
Apr 13, 2026
Trump’s Threat to Block the Strait of Hormuz Could Push Oil Past $150 and Deepen Global Energy Crunch
Analysts warn that President Trump’s announced naval blockade of Iran’s ports and the Strait of Hor…
President Donald Trump has signaled that the U.S. Navy will enforce a blockade of the Strait of Hormuz, targeting any vessel that has paid a toll to Iran. The announcement sent oil futures soaring past $100 per barrel on Monday, reviving fears of a deeper global energy crisis.
U.S. Central Command later clarified that the operation would focus on ships entering or leaving Iranian ports, a narrower scope than the initial threat to shut the entire strait. Nonetheless, experts say the move would still choke a critical chokepoint in world oil supply.
"Anything that removes oil from the market pushes prices higher, which in turn lifts gasoline costs," explained Trita Parsi, co‑founder of the Quincy Institute. He warned that if Iran’s allies, notably the Houthis in Yemen, retaliate by closing the Bab al‑Mandeb strait, oil could surge above $150 a barrel.
Bab al‑Mandeb serves as an alternative route for Gulf oil to reach the Red Sea and Indian Ocean. Its closure would compound the disruption already caused by the Hormuz threat.
Since the start of the U.S.–Israeli conflict on February 28, Iran has limited traffic through Hormuz, allowing only a handful of vetted ships. Windward estimates that about 3,200 vessels were stranded west of the strait as of Saturday.
Former chief economist Anas Alhajji of NGP Energy Capital Management expects non‑Iranian carriers to avoid the strait regardless of U.S. assurances, citing rising insurance premiums and the risk of Iranian retaliation. "The Trump blockade of Iranian ports is effectively a blockade of the Hormuz Strait," he told Al Jazeera.
The ripple effects extend beyond fuel. Higher oil and gas prices will lift the cost of chemicals, fertilizers and plastics feedstocks, analysts say. Cameron Johnson, senior partner at Tidalwave Solutions, predicts a rapid increase in raw‑material prices if the blockade persists into late April or early May.
"The wild card is the timeframe," Johnson noted. "If it’s a short‑term negotiating tactic, the market may absorb it, but a prolonged blockade will spike global commodity prices."
Supply‑chain experts warn of broader repercussions. Deborah Elms of the Hinrich Foundation highlighted that rising fabric costs and packaging shortages could strain food production and consumer goods later in the year.
Industry observer Chad Norville of Rigzone said the mere threat erodes confidence in the strait’s stability, likely driving up insurance costs and reducing daily trade volumes.
In sum, a U.S. blockade of Iranian ports would mark a stark reversal of recent policy, which had briefly eased sanctions to alleviate the energy crunch. The potential escalation underscores how geopolitical moves can quickly translate into higher energy bills and broader economic strain worldwide.
#Donald Trump
#Strait of Hormuz
#OPEC
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