U.S. Military Expands Interception of Iranian Vessels as Ceasefire Expires April 22

The United States continues to use maritime interceptions to curb Iranian oil exports, disrupt its “shadow fleet” and prevent sanctioned cargo from reaching international markets. Expanding the operation into global waters would increase uncertainty over Middle East energy supplies, shipping through the Strait of Hormuz and insurance costs. It could also affect sentiment toward risk assets such as Bitcoin.

The Wall Street Journal reported that the U.S. military plans to expand its interception of Iranian vessels, while those assisting the vessels could also face detention or seizure. The U.S.-Iran ceasefire, originally set for two weeks, expires on April 22. Other foreign media reported that the two sides would extend the truce by 60 days, with Iran pledging to clear mines and reopen the Strait of Hormuz within 30 days, though outstanding differences in the negotiations remain unresolved.