- Team TOI Plus
- TIMESOFINDIA.COMUpdated: Apr 13, 2026, 17:29 IST IST
After peace talks with Iran failed to yield any result, US President Donald Trump said the US Navy would “begin the process of BLOCKADING any and all ships trying to enter, or leave, the Strait of Hormuz.” Oil prices – that fell after ceasefire and peace talks were announced – climbed nearly 7% on Monday after the US president’s announcement.
How will the blockade work?
