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 (Beijing Time 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%.
