IRGC seizes Israeli ship, second vessel for violations in Strait of Hormuz

The MSC-Francesca belongs to the Israeli regime, the IRGC says.

Press TV

The Islamic Revolution Guards Corps (IRGC) Navy says it has intercepted and transferred to Iranian territorial waters two vessels for having committed violations in the Strait of Hormuz.

In a statement released on Wednesday, the IRGC identified the vessels as the MSC-Francesca, which it said belongs to the Israeli regime, and the Epaminodes.

The vessels, it said, were operating without authorization, committing repeated violations, tampering with navigation aid systems, and endangering maritime security in an attempt to exit the strait covertly.

“With the intelligence dominance of the forces, these vessels were identified and stopped in order to uphold the rights of the noble Iranian nation in the Strait of Hormuz,” the IRGC Navy said.

It added that the vessels have now been transferred to Iranian territorial waters for inspection of their cargo and documents.

The IRGC Navy reiterated that any attempt to disrupt the implementation of laws announced by Iran for transit through the Strait of Hormuz, or any activity inconsistent with safe passage through this strategic waterway, will be continuously monitored and met with decisive and legal action against violators.

The operation came amid ongoing tensions over the US naval blockade of Iranian ports, which Tehran has condemned as an act of aggression and a violation of international law.

Iran has placed special controls on the strategic waterway days after the start of the US-Israeli war on February 28, rolling out a new regulatory framework that requires all vessels to secure authorization before transiting.

A draft bill currently before parliament would codify these rules, including a ban on Israeli‑linked ships, mandatory clearance for vessels from “hostile countries,” and the imposition of transit fees.

The seizures came just hours after US President Donald Trump announced an extension of the ceasefire, even as he confirmed that the US Navy would maintain its maritime blockade of Iranian ports, a move Tehran considers a violation of the ceasefire.

Iran has not requested an extension of the truce and has warned that it could attempt to break the blockade by force if tensions escalate further.

The US-Israeli war of aggression has already caused severe disruption to global shipping, as the Strait, which normally carries 20 million barrels of oil per day, remains largely closed, and energy prices have soared.

The US-Israeli war began with a wave of airstrikes on February 28, including the assassination of Iran’s late Leader, Ayatollah Seyyed Ali Khamenei.

Iran responded with 100 waves of retaliatory strikes under Operation True Promise 4, launching hundreds of ballistic and hypersonic missiles at American bases across the region and Israeli positions.

[…]

Via https://www.presstv.ir/Detail/2026/04/22/767348/IRGC-seizes-Israeli-ship,-second-vessel-in-Strait-of-Hormuz

Trump Denied Access to Nuclear Codes

US running out of key weapons

US running out of key weapons – report

RT

22 Apr, 2026 

The American military may not have enough missiles for a future conflict, having used its stockpiles to wage war on Iran, a CSIS analysis warns

The US military has dangerously depleted its stockpiles of critical missiles during the seven‑week war on Iran, creating a “near‑term risk” that could leave it vulnerable in any future conflict, according to a new analysis by the Center for Strategic and International Studies (CSIS).

The report, published on Tuesday, found that intense combat operations have exhausted a staggering portion of America’s most advanced weaponry, including at least 45% of its inventory of Precision Strike Missiles (PrSM), nearly 50% of its Patriot air defense interceptors, and over half of its Terminal High Altitude Area Defense (THAAD) missiles. The figures are said to closely align with classified Pentagon assessments.

The depletion is not limited to air defense systems. The analysis estimates that the campaign has also consumed approximately 30% of the US Tomahawk cruise missile stockpile, more than 20% of its long‑range Joint Air‑to‑Surface Standoff Missiles (JASSM), and around 20% of its SM‑3 and SM‑6 interceptors.

While the Pentagon maintains it has enough firepower to continue operations in the Middle East, the CSIS report warns that the drawdown has fundamentally undercut America’s ability to fight a major war elsewhere, particularly against a near‑peer adversary such as China.

The report’s authors warned that rebuilding the arsenals will be a slow and costly process. One of the experts told CNN it would take “one to four years to replenish these inventories and several years after that to expand them to where they need to be.”

Despite the alarming findings, the Pentagon has pushed back, with chief spokesperson Sean Parnell insisting that the US military “has everything it needs to execute at the time and place of the president’s choosing.”

President Donald Trump has also downplayed the issue, claiming the US has a “virtually unlimited” supply of missiles, even as his administration has requested a record-breaking military budget of around $1.5 trillion for the 2027 fiscal year, with much of it dedicated to replenishing stocks.

Earlier this month, the Wall Street Journal reported that the Pentagon had also approached major US car manufacturers General Motors and Ford about redirecting civilian factories towards producing munitions and other military equipment.

[…]

Via https://www.rt.com/news/638914-us-missile-stockpiles-depelting/

Spirit Airlines nears deal with Trump administration for $500 million rescue package

A Spirit Airlines Airbus A320Brian Shilhavy

Looks like the Trump administration is also going to try and bailout the U.S. airline industry, if not take it over completely.

From NBC News (https://www.nbcnews.com/business/travel/spirit-airlines-trump-administration-bailout-rcna341430):

The struggling discount carrier has filed for bankruptcy twice, and now it’s under pressure from higher jet fuel costs due to the Iran war.

Excerpts:

The Trump administration on Wednesday neared a rescue deal for struggling Spirit Airlines, in a rare move to support a single air carrier.

The deal, which has not yet been finalized, would offer $500 million to the discount airline, according to a person familiar with the matter. It would give the airline additional liquidity as it works toward emerging from bankruptcy and grapples with elevated fuel costs due to the war with Iran.

The deal would also aim to create a durable well-funded airline. After Spirit emerges from bankruptcy, the U.S. government could own up to 90% of the airline, the source also said.

[…]

Via https://t.me/healthimpact/3488

Trump’s Failures in Iran have now Led to the U.S. Trying to Bail Out the (Formerly) Rich Arab Gulf States and the U.S. Airline Industry

by Brian Shilhavy

While the U.S. economy has not crashed (yet) due to Trump’s complete failure to reopen the Strait of Hormuz, it is collapsing the economies of the (formerly) rich Gulf States, who are now begging Trump’s administration to bail them out.

Just a reminder, Dubai was the richest and most modern city in the world prior to the Iran war, as it was built as the playground for the Epstein billionaires. See my previous coverage on this: Iran is Destroying Dubai – The Billionaire’s Paradise and Financial Center in the Middle East Built by Epstein

Treasury Secretary Scott Bessent testified on Capitol Hill today that the U.S. was planning on bailing out the UAE, along with other countries in the Gulf and around Asia, due to rising fuel costs from the closure of the Strait of Hormuz. These bailouts would come out of the U.S. Treasury.

From the Wall Street Journal:

Emirati officials speak with Treasury Secretary Scott Bessent about accessing dollars if Middle East conflict drags on

Excerpts:

The United Arab Emirates has opened talks with the U.S. about obtaining a financial backstop in case the Iran war plunges the oil-rich Persian Gulf state into a deeper crisis, U.S. officials said.

U.A.E. Central Bank Gov. Khaled Mohamed Balama raised the idea of a currency-swap line with Treasury Secretary Scott Bessent and Treasury and Federal Reserve officials in meetings in Washington last week, the officials said.

The Emiratis emphasized that they had so far avoided the worst economic effects of the conflict but might still need a financial lifeline, the officials said.

From the New York Times:

Bessent Backs Financial Support for Oil-Rich U.A.E.

Excerpts:

Treasury Secretary Scott Bessent said on Wednesday that he backed the idea of providing economic support in the form of a currency swap to the United Arab Emirates, an oil-rich ally that has been contending with economic fallout from the war in Iran.

Speaking at a Senate hearing, Mr. Bessent said that the Emirates, along with several other countries in the Persian Gulf and Asia, had inquired about the possibility of a swap. He said such a maneuver would prevent the disorderly sale of U.S. assets as nations look to secure access to dollars.

The war in Iran has damaged oil and gas infrastructure throughout the Middle East, dealing a blow to economies such as the Emirates that rely on the Strait of Hormuz to transport crude around the world.

The Treasury secretary said that providing a currency swap to the Emirates could benefit the United States by stabilizing foreign exchange markets and protecting American assets around the world. He added that it could be provided by the Federal Reserve or by the Treasury Department, which can deploy its Exchange Stabilization Fund to buy another nation’s currency.

Swap lines, whether it’s from the Federal Reserve or the Treasury, are to maintain order in the dollar funding markets and to prevent the sale of the U.S. assets in a disorderly way,” Mr. Bessent said.

Senator Chris Van Hollen, a Maryland Democrat, questioned the idea of providing economic support for the Emirates and pointed out that President Trump and his family have personal financial ties to the nation.

The Trump administration has been facing criticism over the cost of the conflict in Iran, which many view as unnecessary.

The war in Iran has already cost us dearly,” Mr. Van Hollen said.

In my view, it’s been a huge mistake, made us less safe and a lot worse off.”

The Trump administration is also apparently going to try and bail out the U.S. airline industry, if not take it over completely, due to the rapid increase in jet fuel.

From NBC News:

Spirit Airlines nears deal with Trump administration for $500 million rescue package

The struggling discount carrier has filed for bankruptcy twice, and now it’s under pressure from higher jet fuel costs due to the Iran war.

Excerpts:

The Trump administration on Wednesday neared a rescue deal for struggling Spirit Airlines, in a rare move to support a single air carrier.

The deal, which has not yet been finalized, would offer $500 million to the discount airline, according to a person familiar with the matter. It would give the airline additional liquidity as it works toward emerging from bankruptcy and grapples with elevated fuel costs due to the war with Iran.

The deal would also aim to create a durable well-funded airline. After Spirit emerges from bankruptcy, the U.S. government could own up to 90% of the airline, the source also said.

Here are some more news stories that I have posted on our Telegram Channel:

Trump in a quandary after ‘embarrassment’ over Iran talks

From Al Jazeera:

We’ve spoken to US foreign policy expert Barbara Slavin about Trump’s announcement that a ceasefire with Iran will be extended until its “seriously fractured” leadership presents a unified proposal.

Slavin said the statement is “a way to cover the embarrassment that the US was prepared to send the vice president to Pakistan and Iran was not ready to do so”.

Now, Trump finds himself “clearly in a quandary”.

“This war hasn’t gone the way he expected from the very beginning, and Iran has discovered new leverage in its control of the Strait of Hormuz,” Slavin said.

The US should “relinquish its maximalist demands” and offer Iran “some sort of gesture that it is serious in seeking a resolution”, she added.

US civil rights group moves to sue White House over mass destruction in Lebanon

Please remember that 30% of the population in Lebanon are Christians. Not that it matters, as ALL lives are precious, and the lives of U.S. citizens living there are protected by U.S. Law, no matter what their political or religious affiliations are.

I hope more lawsuits like this are filed.

From The Cradle:

Excerpts:

The Arab American Civil Rights League (ACRL) announced on 20 April that it is preparing a class-action lawsuit against the US government, citing harm to US citizens whose homes and families in Lebanon were impacted by Israel’s indiscriminate attacks.

“This is not abstract. This is not political rhetoric. This is real. This is loss,” ACRL Chairman Nasser Beydoun said.

The legal action is expected to target the US State Department, including Secretary of State Marco Rubio, as well as weapons manufacturers accused of supplying arms used in the strikes.

Organizers said the case is being built on behalf of US citizens who lost homes, land, and relatives in Lebanon.

ACRL founder Nabih Ayad said US officials knowingly enabled destruction. “They knew that their weapons are going to be used to destroy innocent people’s homes, not military action, but yet they keep supplying these individuals,” he stated.

Speakers described widespread destruction to family properties, particularly in southern Lebanon, where Israeli forces have reduced entire towns and villages to rubble and displaced over one million people.

Israel Continues Relentless Attacks in Gaza, Killing Seven Palestinians in 24 Hours

From AntiWar.com:

Gaza’s Health Ministry on Tuesday said that Israeli forces killed at least seven Palestinians and wounded 21 over the previous 24 hours as the IDF continues its relentless attacks and constant violations of the US-backed ceasefire deal.

Attacks in Gaza over the past day included an overnight bombing in Khan Younis, southern Gaza, that killed three Palestinians.

According to the Palestinian news agency WAFA, one of the victims, a man named Darwish al-Attal, had been married just a few days earlier. Middle East Eye reported that the strike targeted a police checkpoint.

Israeli warships on Tuesday targeted tents in Beit Lahia, northern Gaza, killing at least one woman. Al Jazeera reported that at least one person was killed by an Israeli attack in Gaza City’s Zeitoun neighborhood, and Israeli drones dropped explosives on tents in the Shujayea area, setting the camp on fire.

Also on Tuesday, a child who was wounded in a previous Israeli attack succumbed to his wounds. According to Al Jazeera, the child, Abdullah Dawas, was shot in the head near Jabalia, northern Gaza, about 10 days ago.

Gaza’s Health Ministry said that since the ceasefire deal was signed in early October, the IDF has killed at least 784 Palestinians in Gaza and wounded 2,214, nearly 3,000 total Palestinians casualties.

[…]

Via https://healthimpactnews.com/2026/trumps-failures-in-iran-have-now-led-to-the-u-s-trying-to-bailout-the-formerly-rich-arab-gulf-states-and-the-u-s-airline-industry/

Trump’s ceasefire extension is a trap — Iran’s strategic advisor

Mehdi Mohammadi, strategic advisor to Parliament Speaker Ghalibaf, says Washington is just buying time for a surprise strike.

“The losing side cannot set the terms. Continuing the siege is no different from bombing and must be responded to militarily. It is Iran’s time to take the initiative,” Mohammadi wrote on X.

In just several hours, the negotiated ceasefire will end — and Iran is ready to act.

[…]

Via https://t.me/healthimpact/3484

Israeli soldiers and settlers using sexual violence to push Palestinians out

Israeli soldiers and settlers using sexual violence to push Palestinians out – report

RT

 21 Apr, 2026 

Over 70% of displaced Palestinian households have cited threats to women and children as decisive reason for leaving

Israeli soldiers and settlers are systematically using sexual violence and harassment to force Palestinians from their homes in the occupied West Bank, according to a report by the West Bank Protection Consortium – a group of international humanitarian organizations.

The report, published on Sunday and titled ‘Sexual Violence and Forcible Transfer in the West Bank’, documents at least 16 cases of conflict-related sexual violence attributed to Israeli settlers and soldiers over the past three years. The researchers noted that the actual number is likely significantly higher, as survivors often remain silent due to shame, stigma, and fear of retaliation associated with reporting such crimes.

Victims who have chosen to come forward described harassment, assault, and intimidation inside their own homes, including forced nudity, invasive body cavity searches, exposure of genitals to minors, and threats of rape. Men and boys also reported forced stripping, sexualized humiliation, and degrading treatment.

More than 70% of displaced households surveyed cited threats to women and children, particularly sexualized violence, as a decisive reason for leaving their homes and communities.

“What pushed me to take the decision of relocation was the harassment my wife, daughters and daughter-in-law were experiencing,” one community member was quoted as saying in the report. He added that when he and his son left for work, settlers would regularly stalk the women, whistle and throw stones. “I was terrified that something bad might happen to my family because of this constant settlers’ violence when I was away,” the man said.

The report documents cases attributed to Israeli soldiers as well as settlers, and adds that settler abuse often takes place in the presence of Israeli forces, who do not intervene or effectively investigate those responsible. It further notes that sexualized violence is not incidental but described as a deliberate tactic of displacement.

Families have adopted coping strategies, including sending women and children away, withdrawing girls from school, or arranging early marriages to reduce exposure to harm.

The findings emerge as Israel has accelerated its land grabs in the West Bank, approving in February the registration of large areas of the territory as “state property” for the first time since 1967, enabling further settlement expansion. The move has been hailed by hardline Israeli nationalists as a “true revolution” to tighten West Jerusalem’s control over the region.

The Israeli government has long sought to annex the West Bank despite widespread international opposition to the move, including from US President Donald Trump.

The Palestinian Presidency has strongly condemned Israeli advances into the territory, noting its latest land grab effectively voids multiple signed agreements and openly  contradicts UN Security Council resolutions.

[…]

Via https://www.rt.com/news/638842-israeli-sexual-violence-west-bank/

Trump extends Iran truce, keeps blockade as talks stall

Trump extends Iran truce, keeps blockade as talks stall (PHOTOS, VIDEOS)

 

RT

21 Apr, 2026 

The US president said the truce will hold until Tehran presents “unified proposal” to end the conflict.

US President Donald Trump has announced he will extend the ceasefire with Iran until its leadership comes up “with a unified proposal,” while maintaining the naval blockade. The decision comes hours before the fragile truce was set to expire, with planned talks in Islamabad still in limbo.

“Based on the fact that the Government of Iran is seriously fractured, not unexpectedly so and, upon the request of Field Marshal Asim Munir, and Prime Minister Shehbaz Sharif, of Pakistan, we have been asked to hold our Attack on the Country of Iran until such time as their leaders and representatives can come up with a unified proposal,” Trump wrote on Truth social. “I have therefore directed our Military to continue the Blockade and, in all other respects, remain ready and able, and will therefore extend the Ceasefire until such time as their proposal is submitted, and discussions are concluded, one way or the other,” he added.

Earlier on Tuesday, Vice President J.D. Vance had been expected to lead the US delegation in Islamabad, alongside Trump envoys Steve Witkoff and Jared Kushner. Iran’s team was to be headed by Parliament Speaker Mohammad Bagher Ghalibaf, according to earlier reports.

However, the New York Times reported that Vance’s trip was put on hold after Tehran failed to respond to US positions. Witkoff and Kushner also remained in the US, according to reports.

Iranian officials have said no final decision has been made on whether to attend the talks.

The two-week ceasefire brokered by Pakistan earlier this month was set to expire on Wednesday, after a first round of talks in Islamabad failed to produce a breakthrough and Trump moved ahead with a US naval blockade of Iranian ports, a step Tehran has labeled a violation of the truce.

Here are the latest developments:

  • Oil prices rallied on concerns that the US ceasefire with Iran will expire without a deal.
  • Tensions escalated further after the US Navy seized an Iranian cargo ship, the Touska, for allegedly breaching the blockade – a move Tehran branded “armed maritime piracy” and threatened to retaliate over.
  • Iran’s IRIB state broadcaster said none of its negotiators had yet departed for Islamabad.
  • Talks between Israel and Lebanon are reportedly set for Thursday to discuss extending their ceasefire, due to expire on Sunday.
  • The Middle East conflict has triggered what IEA chief Fatih Birol called “the biggest” energy crisis in history.

[…]

Via https://www.rt.com/news/638802-us-iran-talks-second-round/

Yemen will ‘return to war’ if US, Israel resume aggression against Iran

Ansarullah leader Abdul-Malik al-Houthi

Press TV

Ansarullah leader Abdul-Malik al-Houthi says the Yemeni armed forces will return to fighting if a fragile ceasefire that halted 40 days of American-Israeli aggression against Iran expires without an agreement to permanently end the war.

In a speech on Tuesday, Houthi said Ansarullah will not be an impartial actor if aggression resumes against the Islamic Republic. “We are in confrontation with the Israeli enemy and its American partner. If the enemy returns to war, the path lying ahead for us will also be a return to war.”

He warned that even if the ceasefire is extended, it is unlikely to stop the aggression, noting that any truce provides only a respite in a continuous confrontation.

Houthi described the Zionist regime as the most dangerous enemy of the Muslim Ummah, dismissing Western talk of transforming West Asia as a deceptive attempt to justify aggression and dominate the region.

He censured those who blame Lebanon’s resistance movement Hezbollah for responding to the Israeli aggression.

He said Hezbollah’s recent retaliatory attacks on occupied territories came after 15 months of continuous Zionist attacks on Lebanon.

70 years of Zionist crimes

Houthi said Operation Al-Aqsa Flood in 2023 was “a response to Zionist crimes and tyranny over seven decades.”

“The enemies work through deceptive slogans to mislead people and justify what they do against the Ummah.”

The enemies of the Ummah, Houthi said, want a situation where any criticism of the crimes of Israel is criminalized in the Arab and Islamic world.

Portraying free movements as proxy for Iran

Commenting on the illegal US-Israeli aggression against Iran, Houthi said the Zionists and their mouthpieces are trying to tarnish the image of free and independent groups standing against tyranny by labeling them as “a proxy for Iran.”

“The Zionists themselves were the first to coin the term ‘proxy for Iran’ and have heavily focused on it in the context of deception and misinformation.”

Houthi said Israel, with American weapons and support, kills a Palestinian woman every half hour. “Where are human rights? Where are women’s rights?” he asked.

He said the Zionists and their loyalists were seeking to instill despair and a defeatist spirit in the Ummah. He also said they try to distort and belittle the operations of the Resistance Axis.

Media loyal to US and Israel spread despair

The Ansarullah leader criticized media outlets aligned with the US and Israel for invariably exaggerating enemy actions while distorting any position that could revive hope.

“The Zionists, along with the Americans, the British and their hypocritical Arab agents, are working to make the Ummah accept the equation of permissible violation,” he said.

Despite the great steadfastness in Gaza, Houthi said, certain forces within the Ummah deal with it by distorting the grand endeavor.

The United States and Israel launched their illegal, unprovoked military campaign against Iran on February 28, assassinating the Leader of the Islamic Revolution and striking nuclear facilities, schools, hospitals and bridges.

Iran’s armed forces responded with 100 waves of decisive retaliatory strikes under Operation True Promise 4, launching hundreds of ballistic and hypersonic missiles, as well as drones, against American military bases across West Asia and Israeli positions throughout the occupied territories.

Yemen’s Ansarullah movement has been a key part of the Axis of Resistance, launching missile and drone attacks on Israeli targets.

[…]

Via https://www.presstv.ir/Detail/2026/04/21/767297/Ansarullah-return-to-war-if-US-Israel-resume-aggression-against-Iran-Houthi

Iran’s strategic leverage shatters US’s illusion of blockade

Press TV

Despite US warships engaging in blatant maritime piracy by intercepting tankers and claiming a naval stranglehold, Iranian crude keeps moving.

Chinese buyers are paying a premium, Indian refiners are routing payments through yuan, and Tehran has turned the narrow legal geography of the Strait of Hormuz into its strongest bargaining chip.

The US Navy fired on an Iranian cargo ship in the Gulf of Oman on Sunday, blowing a hole in its engine room before Marine pirates boarded the vessel, President Donald Trump announced on Truth Social.

It was the most dramatic piracy in what has become a daily occurrence at sea, but a US blockade of Iranian ports that has failed to achieve its stated aim of cutting off Iran’s oil revenues.

Just days before the attack on the Touska, an Iranian-flagged vessel nearly as long as an aircraft carrier, another tanker owned by the National Iranian Tanker Company successfully completed a voyage to Indonesia, unloading approximately 2 million barrels of crude before returning safely to Kharg Island, Iran’s main oil export terminal.

The ship transited back through waters that the US Central Command claims are under effective blockade.

The contrast illustrates a fundamental reality of the current war. While American destroyers patrol the Gulf of Oman and have forced 27 commercial vessels to turn around since the blockade began on April 13, Iran’s oil continues to reach customers.

TankerTrackers.com, a maritime intelligence firm, reported that Iranian crude exports in April remained at elevated levels, directly contradicting claims by the US president that Iran was losing $500 million daily from a closed Strait of Hormuz.

The legal architecture of the waterway helps explain why.

The Strait of Hormuz is 21 nautical miles wide at its narrowest point. Under the UN Convention on the Law of the Sea, which Iran has signed but not ratified, coastal nations may claim territorial waters extending 12 nautical miles from their shores.

This creates a mathematical reality that neither side disputes. The strait is narrow enough that the territorial waters of Iran and Oman overlap or abut, leaving no high-seas corridor where international transit passage is unambiguously guaranteed.

The US-Israeli war of terrorism has prompted Iran to finally put aside its longstanding diplomatic hesitation and historical reluctance over its Hormuz rights, fully enforcing its sovereign authority under the 12-mile territorial waters provision of international law to administer, regulate, and control traffic through the strait.

Iran is fully within its rights, and there is no need to accommodate the colonialist powers that have exhausted every weapon in their arsenal—from crippling sanctions to economic warfare—to harm the Iranian people for years.

The time has come for Iran to strike back, to deploy its own strategic leverage, and to turn the tables on a West that has shown nothing but inhumanity.

Since late February, when US and Israeli strikes triggered the current war, Tehran has effectively closed the strait to all vessels it does not expressly approve.

In fact, Iran has allowed a carefully managed flow of its own oil exports and vessels from countries it considers non-hostile to pass through designated corridors north and south of Larak Island, where it monitors each ship.

The new status has done something remarkable to Iranian oil pricing. Chinese independent refiners, known as teapots, are now buying Iranian Light crude at premiums of $1.50 to $2 per barrel above Brent, according to trading sources cited by Reuters.

For years under sanctions, Iranian oil traded at a discount to global benchmarks, compensating buyers for the risks of dealing with a blacklisted seller. That dynamic has reversed.

At least two teapot refineries purchased cargoes at these premium prices this month, betting that Iranian supply is more reliable than alternatives from Saudi Arabia or the UAE, both of which have effectively shut in approximately 9 million barrels per day of production.

China has taken more than 90 percent of Iran’s crude exports in recent years, and Beijing’s refiners just received new import quotas totaling 55 million tons.

One US-sanctioned Aframax tanker, the Ping Shun, was reportedly carrying 600,000 barrels of Iranian crude from Kharg Island and is now signaling Dongying in China’s Shandong province, a hub for private refining.

Meanwhile, refiners in India which was once Iran’s third-largest oil customer are scrambling for crude after West Asian supplies were constrained by the strait’s closure.

A temporary US sanctions waiver, issued March 21 and allowing transactions for already-loaded cargoes until April 19, created a narrow window for purchases.

Past payment mechanisms had long complicated Iranian oil trade because the United States bans Iran’s access to the dollar-based financial system. Those hurdles have now been resolved.

According to Reuters, Indian refiners are making payments for Iranian crude using the Chinese yuan, routing funds through ICICI Bank, one of India’s largest private sector banks, to settle accounts with Iranian sellers.

The development carries geopolitical weight. Yuan-denominated oil trade between Iran and India reduces both countries’ reliance on the US dollar and the SWIFT financial messaging system, both of which Washington has used as weapons in its maximum pressure campaign.

For China, it reinforces the yuan’s gradual emergence as an alternative reserve currency. For India, it is a pragmatic response to a simple problem where the country needs crude oil, and Iran has it.

The Touska seizure on Sunday drew a sharp response from Tehran. Iran’s top military headquarters, Khatam al-Anbiya, vowed that the armed forces would “soon respond to and retaliate for this act of armed piracy”.

The US blockade strategy carries domestic political risks. Average US gasoline prices have exceeded the psychological threshold of $4 per gallon, with continued high energy costs set to hurt the Republican party in November’s midterm elections.

Iran, for its part, has decades of experience with sanctions. The country has built resilience through a combination of barter trade, and diplomatic hedging.

The key variable is time, with observers questioning how long can the US maintain high-intensity maritime piracy while bearing the political costs of elevated oil prices and inflation.

For now, the oil keeps moving. Chinese refiners are paying more than ever. Indian payments are flowing in yuan and every successful Iranian tanker voyage undercuts the US narrative of an airtight blockade.

[…]

Via https://www.presstv.ir/Detail/2026/04/21/767309/Iran-s-strategic-leverage-shatters-US-s-illusion-of-blockade-