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U.S. Will Let Iran Oil Waiver Expire as Blockade Tightens Grip on Global Flows

The Trump administration will allow a 30-day waiver of sanctions on Iranian oil at sea to expire later this week, two administration officials told Reuters on Tuesday, as the U.S. imposes a blockade on shipments from Iranian ports. 

Navy

“Free Seas” Are Not Unraveling — But the System Is Changing Under Pressure

The global maritime system remains open, but operates with less slack, greater volatility, and more variable constraints on access. By Bruce Kimbrell (Policy Op-Ed)    A recent Wall Street Journal...

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U.S. Declares Blockade Effective as First Ships Turned Back from Iranian Ports

The United States says its newly announced maritime blockade targeting Iranian ports is already taking hold, with U.S. Central Command reporting that no vessels successfully transited in or out of...