Energy

United States Pentagon Chief Pete Hegseth has said the military blockade of Iran’s ports will continue “as long as it takes”, saying Washington remained “locked and loaded” to attack Iran’s energy facilities.

The US Pentagon chief spoke on Thursday as a tenuous pause in fighting agreed to last week has continued. On Monday, President Donald Trump announced the military would blockade Iran’s ports in the Strait of Hormuz and the Persian Gulf after US-Iran talks in Pakistan failed to reach a breakthrough.

Hegseth struck an aggressive tone as he maintained the US military was monitoring Iran’s military movements during the pause in fighting, which currently is meant to extend through early next week.

“We are reloading with more power than ever before…even more importantly, better intelligence than ever before,” Hegseth said.

“As you expose yourself with your movement to our watchful eye, we are locked and loaded on your critical dual-use infrastructure, on your remaining power generation and on your energy industry,” he said.

Still, the Pentagon chief said the US prefers to resolve the conflict, which began with US-Israeli attacks on Iran on February 28, through diplomacy.

“You, Iran, can choose a prosperous future, a golden bridge, and we hope that you do for the people of Iran,” he said. “In the meantime and for as long as it takes, we will maintain this blockade, successful blockade, but if Iran chooses poorly, then they will have a blockade and bombs dropping on infrastructure, power and energy.”

On Wednesday, a Pakistani delegation arrived in Tehran to coordinate a new round of talks. While both sides have indicated they remained open to further negotiations, Major-General Ali Abdollahi, the commander of the Khatam al-Anbiya Central Headquarters of the Islamic Revolutionary Guard Corps (IRGC), warned that the US blockade could end the current pause in fighting.

White House spokesperson Karoline Leavitt, meanwhile, indicated the US maintained a positive outlook on future talks.

“At this moment, we remain very much engaged in these negotiations, in these talks,” she said.

But reporting from Tehran on Thursday, Al Jazeera’s Ali Hashem says deep-seated distrust remains. The US under Trump twice attacked Iran amid ongoing indirect talks over Iran’s nuclear programme, a fact that has cast a long shadow over the most recent bout of diplomacy.

“Clearly, there have been several messages conveyed to the Iranians. But rather than consolidating a feeling of trust and optimism, it seems that it’s already shaken,” he said.

“We saw a platform closely associated with the foreign ministry tweeting today, quoting a source saying that whatever is being demonstrated or said in the media regarding the optimism is just hype, and this is used for PR and it’s for President Trump to use in the markets,” he said.

Iran’s speaker of parliament, Mohammad Bagher Ghalibaf, who led the Iranian delegation in the talks with Iran, told his Lebanese counterpart on Thursday that a ceasefire in Israel’s invasion and ongoing bombardment of Lebanon is “as important” as the pause in fighting in Iran.

A Lebanon ceasefire has emerged as one of the main sticking points in talks, which also include control of the Strait of Hormuz and the future of Iran’s nuclear programme.

‘We will use force’

Speaking during the news conference on Thursday, General Dan Caine, the chairman of the Joint Chiefs of Staff, said so far, 13 ships leaving Iranian ports have turned around in response to US military warnings.

“If you do not comply with this blockade, we will use force,” Caine said.

Admiral Brad Cooper, the head of US Central Command (CENTCOM), meanwhile, said the US is using the wear to rearm and reposition its forces.

“We’re rearming, we’re retooling, and we’re adjusting our tactics, techniques and procedures. There’s no military in the world that adjusts like we do, and that’s exactly what we’re doing right now during the ceasefire,” said.

During questions with reporters, Hegseth also shot down reports that China was planning to send weapons to Iran amid the pause in fighting. Hegseth said Washington had received assurances from Beijing that this was not the case.

Hegseth also used a large portion of the news conference to attack US press coverage of the war, which the Trump administration is receiving criticism for its shifting objectives and justifications for launching the conflict.

Hegseth called the coverage “incredibly unpatriotic”.

Caracas, April 15, 2026 (venezuelanalysis.com) – The US Treasury Department’s Office of Foreign Assets Control (OFAC) issued two new general licenses on Tuesday facilitating transactions with Venezuelan state institutions.

 for Venezuela on Tuesday: a commercial license (No. 56) and a financial license (No. 57), signaling a partial easing of restrictions while maintaining key controls.

General License 56 (GL56) authorizes US entities to negotiate and sign “contingent contracts” for future commercial operations in Venezuela. This allows firms to move forward with agreements, investments, or projects, though their final execution remains subject to separate OFAC approval.

The waiver maintains important restrictions, including a ban on payments in gold or cryptocurrencies, as well as prohibitions on transactions involving China, Russia, Iran, North Korea, and Cuba. It likewise forbids transactions involving Venezuelan debt and does not unblock currently frozen Venezuelan assets.

For its part, General License 57 (GL57) permits a broad range of financial operations with the Venezuelan Central Bank (BCV), as well as Venezuela’s public banks: Banco de Venezuela, Banco Digital de los Trabajadores, Banco del Tesoro, and entities in which these institutions hold a 50 percent or greater stake.

The allowed transactions include opening and managing accounts, conducting US dollar transfers, issuing loans, and providing banking services. The BCV was sanctioned in April 2019, effectively isolating Venezuela from international financial circuits and increasing costs for basic transactions.

The latest sanctions waivers are expected to facilitate financial flows to the Venezuelan economy, including the transfer of Venezuelan oil revenues that are currently controlled by the Trump administration. US authorities have returned a confirmed US $500 million out of an initial deal estimated at $2 billion, while US and Venezuelan officials have confirmed the purchase of US-manufactured medicines and hospital equipment using Venezuelan funds.

Analyst Hermes Pérez warned that reincorporation into the SWIFT system and establishment of US-based accounts could take several months due to security and technological requirements. Other economists argued that GL57 could allow the Central Bank to stabilize the Venezuelan foreign exchange system.

For several years, a parallel exchange rate between the US dollar and the Venezuelan bolívar has coexisted with the official one set by the Central Bank, often with a gap above 50 percent that fueled distortions in retail activities and currency speculation.

Since the January 3 military strikes and kidnapping of Venezuelan President Nicolás Maduro, the Trump administration has issued several licenses to expand US influence in the Caribbean nation, particularly in key economic sectors such as hydrocarbons and mining.

In parallel, Venezuelan authorities have promoted several pro-business reforms, while multiple Trump officials and corporate executives have come the South American country and held meetings with the acting government led by Delcy Rodríguez.

The latest waivers coincided with the visit to Caracas of a US Department of Energy delegation led by Assistant Secretary Kyle Haustveit. Rodríguez hosted the official on Wednesday in a work meeting at the presidential palace.

During a short, televised intervention, Rodríguez argued that OFAC licenses do not provide sufficient “legal certainty” and reiterated calls for Trump to lift unilateral coercive measures against the country.

“An investor requires greater legal certainty. A license does not provide long-term legal guarantees because it is subject to temporality,” she argued. Rodríguez claimed Washington and Caracas have “enough maturity” to establish “long-term” energy cooperation ties.

“We are working very hard on changes that can attract investment, and which can build an energy cooperation agenda with the United States,” she said.

Rodríguez additionally disclosed recent meetings with representatives from ExxonMobil and ConocoPhillips, stating that authorities have “taken into account recommendations” from oil majors in recent legislative overhauls. Both ExxonMobil and ConocoPhillips refused to accept hydrocarbon reforms under former President Hugo Chávez in the 2000s, later securing multi-billion-dollar arbitration awards against the Caracas as compensation for the nationalization of their assets.

Haustveit and the Energy Department delegation were also present on Monday during the signing of agreements with Chevron that granted the Texas-based conglomerate an increased stake in the Petroindependencia joint venture and awarded an additional extra-heavy crude bloc for exploration to the Petropiar mixed company. Chevron owns minority stakes in both joint enterprises with Venezuelan state oil company PDVSA.

Shell, Eni and Repsol are among the other energy giants to have recently advanced in deals with the Venezuelan government under the improved conditions of the new Hydrocarbon Law.

US Chargé d’Affaires in Venezuela Laura Dogu was also present at the Chevron deal-signing ceremony and the meeting with Haustveit’s delegation. However, the White House announced Wednesday that her post will be taken over by veteran diplomat John Barrett.

Barrett, who previously served as chargé d’affaires at the US Embassy in Guatemala since January 21, 2026, was recently accused by Guatemalan President Bernardo Arévalo of interference during judicial elections for the Constitutional Court held in March.

Edited by Ricardo Vaz in Caracas.

Watch the moment a Democratic congresswoman tells the US Energy Secretary he is ‘living in a different world’ after his response to whether he’d adequately warned the White House that a war on Iran would have global consequences.