Global & US Headlines
Trump Greenlights Indefinite Blockade of Iranian Ports
On 29 April 2026 the White House ordered the Pentagon and Treasury to prepare for an open-ended naval embargo of Iran, rejecting Tehran’s cease-fire proposal and keeping the Strait of Hormuz closed until Iran accepts a 20-year halt to uranium enrichment.
Focusing Facts
- Goldman Sachs raised its December-2026 headline PCE inflation forecast to 3.4% (from 3.1%), citing a 1.25 percentage-point boost from blockade-driven energy costs.
- Brent crude futures surged about 5 % to $117 per barrel on the news, the highest since the April 8 cease-fire.
- The Iranian rial weakened to a record 1,810,000 per U.S. dollar on the parallel market, losing roughly 15 % in two days.
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Perspectives in this article
- Pro-Trump / conservative-leaning media
- Progressive U.S. media
- Regional Middle-Eastern / Turkish outlets