Gate News message, April 22 — Iran seized two container ships, identified as MSC-FRANCESCA and EPAMINODES, in the Strait of Hormuz on Wednesday (April 23 local time), citing violations of maritime regulations and unauthorized operations. According to the United Kingdom Maritime Trade Operations (UKMTO), the first incident occurred at 8:38 a.m. UTC approximately 8 nautical miles off Iran’s coast, while a second attack took place at 5:47 a.m. London time about 15 miles northeast of Oman. Iranian media reported a third vessel was also hit by the military. The seizures coincided with Trump’s ceasefire extension announcement, marking a significant escalation in regional tensions.
Brent crude for June delivery rose 0.5% to $99.03 per barrel on the day of the incident, while West Texas Intermediate (WTI) for June also gained 0.5% to $90.13. Goldman Sachs’ Daan Struyven noted that the ceasefire extension reduces the probability of major conflict damaging global energy infrastructure, though he warned that commodity shocks remain intense and difficult for policymakers to control.
On the diplomatic front, Iran’s Foreign Minister Abbas Aragchi hardened the political stance, announcing Iran has “no plans” to negotiate with the U.S. on Friday. During a call with Italian Foreign Minister Antonio Tajani, Abbas criticized European silence on what Iran describes as unlawful U.S. and Israeli military attacks. He characterized the blockade of Iranian ports as “an act of war” violating the ceasefire and called the seizure of commercial vessels “an even greater violation,” asserting Iran’s right to defend its national security under international law.
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