Trump Begins Blockade Of Hormuz Strait, Says Iran “Will Not Be Allowed To Profit From Extortion”

• President Trump begins blockading Strait of Hormuz, warns US military will “finish up the little that is left of Iran”

• 2 Supertankers U-turn after peace deal talks fail

• UAE Oil Chief warns Iran blocking Hormuz is “a direct threat to the energy, food and health security of every nation”

The odds of a peace deal by the end of the ceasefire period has collapsed…

President Trump Begins Blockading Strait Of Hormuz

President Trump said the US would blockade the Strait of Hormuz following the collapse of peace talks with Iran in Islamabad this weekend.

“Effective immediately, the United States Navy, the Finest in the World, will begin the process of BLOCKADING any and all Ships trying to enter, or leave, the Strait of Hormuz,” Trump said in a social media post.

Trump noted that talks went well… until they didn’t…

“So, there you have it, the meeting went well, most points were agreed to, but the only point that really mattered, NUCLEAR, was not.“

The US president is hopeful…

At some point, we will reach an “ALL BEING ALLOWED TO GO IN, ALL BEING ALLOWED TO GO OUT” basis, but Iran has not allowed that to happen by merely saying, “There may be a mine out there somewhere,” that nobody knows about but them.

But then came the threats, with Trump apparently widening his purview to international waters:

THIS IS WORLD EXTORTION, and Leaders of Countries, especially the United States of America, will never be extorted.

I have also instructed our Navy to seek and interdict every vessel in International Waters that has paid a toll to Iran.

No one who pays an illegal toll will have safe passage on the high seas.

We will also begin destroying the mines the Iranians laid in the Straits.

Any Iranian who fires at us, or at peaceful vessels, will be BLOWN TO HELL!

And the art of the deal… Escalate to De-Escalate… how long can Iran last with no oil revenues at all?

Iran knows, better than anyone, how to END this situation which has already devastated their Country.

Their Navy is gone, their Air Force is gone, their Anti Aircraft and Radar are useless, Khomeini, and most of their “Leaders,” are dead, all because of their Nuclear ambition.

The Blockade will begin shortly. Other Countries will be involved with this Blockade. Iran will not be allowed to profit off this Illegal Act of EXTORTION.

They want money and, more importantly, they want Nuclear.

Additionally and, at an appropriate moment, we are fully “LOCKED AND LOADED,” and our Military will finish up the little that is left of Iran!

Iran’s semi-official media cited “excessive” US demands, while the foreign ministry said it was natural that differences wouldn’t be resolved in a single round of talks, leaving the door open for more discussions.

A month ago we wondered…

If Iran is blocking and attacking US ships, why is the US allowing sanctioned Iranian tankers to cross the strait with Chinese oil?

— zerohedge (@zerohedge) March 12, 2026

…and now we have an answer. 

The question is – how will the UAE oil chief deal with a US closure versus an Iranian closure?

China will certainly be pissed off as their tankers were flowing relatively freely until now.

Is the US endgame to take control of another chokepoint too…

2 Supertankers U-Turn In Strait After Peace Talks End Without A Deal

The marathon peace talks this weekend in Islamabad between Iranian negotiator Mohammad Bagher Ghalibaf, Vice President JD Vance, and other officials ended without a deal. Still, the top Iranian negotiator signaled that the door remains open for future talks. Polymarket odds of a peace deal being signed this month collapsed late Saturday.

US Becomes World’s ‘Gas Station Of Last Resort’

Disruptions at Gulf energy facilities and the continued paralysis across the Hormuz chokepoint led us early in the U.S.-Iran conflict to conclude that global energy flows were being rewired, whether temporarily or over the medium term, with energy exporters in the Gulf of America emerging as a potential net beneficiary.

In fact, the latest vessel-tracking data transmitted via the Automatic Identification System, supplied by Bloomberg, show that it is quite possible that America has become the world’s emergency gas station.

What appears increasingly clear after this weekend’s Islamabad talks is that Tehran refused to surrender any leverage around the Hormuz chokepoint. That posture only suggests to us that Tehran understands the chokepoint remains one of the last leverage points.