US President Trump posts "The United States to Blockade Ships Entering or Exiting Iranian Ports on April 13 at 10:00 A.M. ET. Thank you for your attention to this matter!"

President Trump's announcement of a blockade on Iranian ports signals a significant escalation in U.S.-Iran tensions, likely affecting oil supply dynamics.

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US President Trump posts "The United States to Blockade Ships Entering or Exiting Iranian Ports on April 13 at 10:00 A.M. ET. Thank you for your attention to this matter!"

White House outlined the red lines it says Iran refused to agree on, according to an official cited by CNN

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This move may lead to increased volatility in energy markets and can drive up prices for crude oil, which in turn impacts currencies tied to commodity flows. Traders should monitor how this geopolitical situation influences risk sentiment across equities and foreign exchange markets, especially for the USD and oil-linked currencies.

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