Story perspectives
Hormuz Blockade Cuts Traffic, Oil Rises; Trump Cancels Pakistan Trip
4/27/2026
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Iran Blockade
- Iran’s blockade of the Strait of Hormuz reduced daily commercial transits from roughly 129 to just 19, spiking energy costs.
- U.S. President Donald Trump cancelled the planned envoy trip to Islamabad, citing the risk of an Iranian call.
- Brent crude climbed over 2 percent to $106.99, reflecting higher global oil prices amid stalled talks.
- Pakistan officials said cease-fire contacts remain fragile but alive, viewing Minister Abbas Araghchi’s return hopeful.
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