Futures
Access hundreds of perpetual contracts
TradFi
Gold
One platform for global traditional assets
Options
Hot
Trade European-style vanilla options
Unified Account
Maximize your capital efficiency
Demo Trading
Introduction to Futures Trading
Learn the basics of futures trading
Futures Events
Join events to earn rewards
Demo Trading
Use virtual funds to practice risk-free trading
Launch
CandyDrop
Collect candies to earn airdrops
Launchpool
Quick staking, earn potential new tokens
HODLer Airdrop
Hold GT and get massive airdrops for free
Pre-IPOs
Unlock full access to global stock IPOs
Alpha Points
Trade on-chain assets and earn airdrops
Futures Points
Earn futures points and claim airdrop rewards
#IranUSStandoff
Iran-US Standoff: Naval Blockade Negotiations
Iran’s Permanent Representative to the UN, Amir Saeid Iravani, stated on April 21, 2026 in New York that the next round of negotiations will take place in Islamabad only if the United States lifts its naval blockade on Iranian ports. The blockade was officially launched by CENTCOM on April 10, 2026 and was announced to apply equally to vessels from all nations.
The Strait of Hormuz is a chokepoint through which 20 percent of the world’s oil passes. As of April 22, the United States announced it had turned back 29 ships. Iran calls the blockade an act of war and a violation of the ceasefire.
Tension on the Ground
Iran is threatening to close the strait if the blockade is not lifted. Revolutionary Guard Aerospace Commander Gen. Majid Mousavi said, if southern neighbors allow the United States to use their facilities to attack Iran, they should say goodbye to oil production in the Middle East region. The United States side announced that Trump extended the ceasefire but kept the military on standby.
What Could Happen
Analysts describe the current situation as a zero-sum deadlock. According to Ali Vaez of the International Crisis Group, Trump does not want to lift the blockade and the Iranians will not come to the negotiating table before the blockade is lifted. One side needs to take a step back. Pakistan is involved as a mediator, but Vance’s trip to Islamabad is currently suspended.
Market Impact
The longer the blockade continues, the higher Brent crude rises and marine insurance premiums increase sharply. Iran claims it is losing 500 million dollars per day.