Woofun AI reports that the US military initiated a comprehensive maritime blockade on all Iranian ports and coastal zones starting at 20:00 GMT on July 14. The measure applies to all vessels regardless of flag, covering the entire coastline including oil terminals, while permitting inspected humanitarian supplies and neutral transit through the Strait of Hormuz.

Escalating geopolitical tensions drove immediate market reactions, with Bitget data showing WTI crude rising 6.97% to $78.825 and Brent crude surging 9.01% to $82.78.