President Donald Trump declared the six-week war with Iran "very close to over" on 15 April 2026, even as the U.S. Navy maintained a full blockade of Iranian ports and Pentagon officials confirmed that American forces had turned back 10 commercial vessels since the operation began Monday.
U.S. Central Command said its naval cordon "has been fully implemented," halting all sea-borne trade with Iran. Tehran's National Petrochemical Company suspended exports of all petrochemical products "until further notice" on 15 April, citing damage from U.S.-Israeli airstrikes between 28 February and 8 April 2026 and blockade-driven disruptions to tanker scheduling. The suspension threatens approximately $2.4 billion in monthly revenue, according to Iran's 2025 trade statistics from the Central Bank of Iran — money that has historically funded domestic fuel subsidies and procurement for the Islamic Revolutionary Guard Corps.
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