Getting pulled in

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Getting pulled in

Published: 13 Apr. 2026, 20:30

Rising tensions in the Strait of Hormuz are heightening concerns over global supply disruptions after U.S.-Iran talks collapsed on April 12. The U.S. military said it would begin blocking maritime traffic to and from Iranian ports on April 13 while allowing transit unrelated to Iran. Oil prices have surged above $100 per barrel and shipping movements have slowed as vessels avoid the area. The developments are raising uncertainty in energy markets and supply chains worldwide. [PARK YONG-SEOK]