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Iran Seizes Ships, Brent Hits $102 Amid Strait Tensions

4/23/2026

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Story summary
  • Iran's Revolutionary Guard seized two container vessels near the Strait of Hormuz in retaliation for a U.S. seizure, including an MSC-operated ship nine nautical miles off Iran.
  • The United States ordered 31 vessels to turn back while boarding the tanker M/T Majestic carrying Iranian oil.
  • Brent crude rose to $102 a barrel, up from $72 before the February 28 war, as the Strait disruption cut 20% of global daily oil flow.