What does a US naval blockade of Iran mean for oil flows?

RTE — Apr 14, 07:23 AM

The US military has begun blocking shipping traffic in and out of Iran's ports, a move that would prevent roughly two million barrels ⁠of Iranian oil a day from entering the world's markets, further tightening global supply.

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US blockades Iranian ports

First Thing: US starts naval blockade of Iranian ports after deadline passes The Guardian — Apr 14, 12:17 PM
The Memo: Trump rolls the dice with blockade of Iran The Hill — Apr 14, 10:00 AM
US naval blockade begins as Trump vows will destroy Iran boats that approach France 24 — Apr 14, 08:50 AM
David Blair: Donald Trump’s ruthless blockade will lock the US into a war of attrition with a stubborn Iran Irish Independent — Apr 14, 04:30 AM
US begins Iran port blockade, oil prices ease on hopes for dialogue The Straits Times — Apr 14, 04:17 AM