Iran Seizes Ships, Blocks Strait; Oil Prices Spike

Iran Seizes Ships, Blocks Strait; Oil Prices Spike

Author: The Daily News Now! April 23, 2026 Duration: 1:19
Orlando News Today | 2 Min News | The Daily News Now!
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Irans Revolutionary Guard seizes two cargo ships in the Strait of Hormuz, disrupting global oil supply. The strait, which handles 20% of daily oil, has been largely closed since US and Israel strikes on Iran. Tehran uses control here as leverage in conflict, while scam messages flood in, promising safe passage for cryptocurrency payments. Ships face massive delays and risks, with no clear timeline for reopening. Oil prices surge as investigations into attacks and scams continue.

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