The US military has now redirected 62 commercial vessels and disabled four others since imposing a naval blockade on Iranian ports beginning April 13, 2026. What started as a targeted enforcement action has ballooned into one of the most significant disruptions to global maritime commerce in years, choking off a waterway that handles a substantial share of the world’s energy and goods traffic.
The Strait of Hormuz, the narrow chokepoint between Iran and Oman, sees about 20% of the world’s oil flow through it daily.
A blockade that escalated fast
The pace of vessel redirections tells its own story. By April 15, just two days after the blockade began, CENTCOM had redirected 10 ships. Three days later, the count hit 23. By April 22, it was 29. Now, roughly a month in, the number has more than doubled to 62, with four vessels disabled in the process.
The operation is being run by US Central Command as part of the broader conflict with Iran. It specifically targets vessels traveling to and from Iranian ports, following the collapse of the Islamabad Talks, which had been the last diplomatic effort to de-escalate tensions between the two countries.
Iran temporarily reopened the Strait of Hormuz for commercial traffic on April 17, a move that lasted exactly one day before Iran shut it down again on April 18. Iranian officials characterized the US naval blockade as a breach of ceasefire, framing their closure of the strait as a retaliatory measure.
At least 26 ships managed to bypass the blockade by April 20, according to Lloyd’s List.
The humanitarian toll is getting harder to ignore
The United Nations has issued warnings that tens of millions of people face hunger as a direct result of fertilizer shipments being blocked.
Iran has proposed ending the blockade standoff in exchange for the release of frozen Iranian assets.
What this means for markets and crypto
Historically, Iran has used digital assets as a mechanism to circumvent international sanctions. Current reporting does not indicate any direct, measurable impact on cryptocurrency markets from this specific action. Experts caution that rising tensions may lead to increased safe-haven demand for Bitcoin and Ethereum.
Disclosure: This article was edited by Editorial Team. For more information on how we create and review content, see our Editorial Policy.

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