War in Iran: Washington extends the blockade to land routes, oil lies in ambush

The Pentagon has established a task force to extend Washington’s Iran blockade to overland trade routes, while Vice President Vance is pressing President Trump to end the war. Brent crude traded at $98 and bitcoin at $75,600 as markets weighed the escalation. The move matters because it widens the conflict’s economic front beyond maritime shipping, keeping oil prices elevated and adding a geopolitical risk premium across risk assets. Traders will watch whether the task force disrupts regional overland flows and whether Vance’s push yields a de-escalation that could pull Brent and crypto volatility lower.