The U.S. military has redirected 65 commercial vessels and disabled four ships while enforcing the naval blockade on the Iranian regime, according to U.S. Central Command (CENTCOM).
“USS Abraham Lincoln (CVN 72) continues operations in the Arabian Sea, including enforcement of the U.S. blockade against Iran,” CENTCOM said in a May 12 post on X.
CENTCOM said in a May 8 statement that USS George H.W. Bush disabled two Iranian tankers that were attempting to enter one of Iran’s ports located on the Gulf of Oman. The two vessels were disabled after U.S. forces fired munitions into the ships’ smokestacks.
Earlier, on May 6, USS Abraham Lincoln blockaded another Iranian vessel after firing multiple rounds from a 20 mm cannon gun that disabled the tanker’s rudder.
“U.S. forces in the Middle East remain committed to full enforcement of the blockade of vessels entering or leaving Iran,” said CENTCOM Commander Adm. Brad Cooper. “Our highly trained men and women in uniform are doing incredible work.”
The blockade is aimed at putting economic pressure on Iran.
The naval blockade cuts off the country’s ability to ship around $139 million in crude oil daily, depriving Tehran of critical oil revenues, according to an April 13 post by the Foundation for Defense of Democracies. The export of petrochemicals, minerals, and metals is also affected.
On the import side, the blockade cuts off Iran’s ability to import food, machinery, and other goods, putting inflationary pressure on the country’s economy.
Meanwhile, crude oil prices continue to remain elevated amid the conflict. The conflict has disrupted trade across the critical Strait of Hormuz, a waterway south of Iran that accounts for more than a fifth of global seaborne oil trade.
On Feb. 27, a day before the conflict began, Brent crude oil futures closed the day at around $72 per barrel. On May 13, oil was trading at $107.90 as of 6:30 a.m. ET.
In a May 11 post, ING Bank said that oil prices “remain highly sensitive to noise around Iran, highlighting the significance of the ongoing supply disruptions in the Persian Gulf.”
“While optimism for an imminent deal is fading, there remains a glimmer of hope that talks between Trump and Chinese President Xi later this week could yield positive results on Iran. The hope is that China can use its influence over Iran to push it closer towards a peace deal. Clearly, this is easier said than done,” the post reads.
“I don’t think we need any help with Iran. We’ll win it one way or the other. We’ll win it peacefully or otherwise,” Trump said.
Domestically, the national average price of regular gasoline was $4.51 per gallon on May 13, up from $4.12 a month back, according to data from the American Automobile Association. In six states—Illinois, Nevada, Alaska, Oregon, Hawaii, and Washington—prices exceeded $5 per gallon. Prices exceeded $6 per gallon in California.
“Deliveries will begin immediately as the Department continues to move swiftly to address short-term supply disruptions and strengthen U.S. energy security,” the agency said.







