US blockade of Iran would worsen global energy crisis, analysts say

Author: Erin HalePublished on: April 13, 2026Country: United States

PoliticsBusiness & Economy

US blockade of Iran would worsen global energy crisis, analysts say

US President Donald Trump announced a naval blockade of Iran, which could worsen the global energy crisis by disrupting international shipping. Oil prices have already surged above $100 a barrel following this announcement. Trita Parsi, co-founder of the Quincy Institute, warned that the blockade could push oil prices above $150 a barrel if the Iran-aligned Houthis in Yemen retaliate by shutting down the Bab al-Mandeb strait.

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