US Strait of Hormuz Blockade Bolstered by Third Carrier as Brent Nears $120 Amid Iran Standoff

The US naval blockade of the Strait of Hormuz, imposed April 13, has turned back 33 vessels in its first week, per Central Command. Brent crude surges toward $120 per barrel following a 64% March gain, the highest since 1988. Washington’s deployment of three carrier strike groups enforces access to the route carrying 27% of global seaborne oil trade while advancing diplomatic leverage.