U.S. Blockade and Hormuz Gridlock: Analyzing April’s Oil Market Disruption

A chaotic April ended with the Strait of Hormuz effectively closed for a second consecutive month, cascading oil shortages across Asia and a U.S. blockade choking off Iranian tankers and oil exports. Iran’s oil exports collapsed 43% over two months, according to data from Vortexa. By May 1, U.S. for