Iran may begin capping oil wells as early as next week due to storage capacity limits caused by a US naval blockade, according to US Treasury Secretary Scott Bessent.

Global LNG production falls 8% in March following the closure of the Strait of Hormuz, according to the International Energy Agency. The supply shock marks a reversal from previous double-digit growth trends in the natural gas market.

The International Energy Agency reports that the closure of the Strait of Hormuz has caused global LNG production to decline by 8% year-on-year in March, marking a shift from previous growth trends.

An Iranian official reports that U.S.-Israeli attacks have damaged 449 medical facilities and killed 26 emergency personnel. Emergency services report treating 40,000 patients and performing over 1,200 surgeries following the strikes.

An Iranian official reports that U.S.-Israeli attacks have resulted in damage to 449 medical facilities, the deaths of 26 emergency personnel, and 118 injuries, with emergency services treating 40,000 patients.

Iran threatens 'unprecedented military action' against the United States in response to the ongoing seizure of Iran-linked vessels, according to a report from state-run Press TV citing a senior security official.

Iran has threatened 'unprecedented military action' in response to the continued seizure of Iran-linked vessels by the United States, according to state-run Press TV citing a senior security source.

Iran threatens 'practical, unprecedented' military response to US maritime actions. A high-ranking security source told Press TV that continued 'American maritime piracy and banditry' will be met with the action.

Iran warned that continued 'American maritime piracy and banditry' will be met with 'practical and unprecedented military action,' a high-ranking security source told Press TV.