Hormuz at Standstill, Denting US-Iran Peace Deal Hopes
Shipping in the Strait of Hormuz was at a near standstill early Sunday after Iran reversed its decision to reopen the waterway and fired on vessels attempting to pass, warning it would block transits as long as the US blockade of Iranian ports remained.
Bloomberg News White House Correspondent Courtney Subramanian, Bloomberg Intelligence Senior Defense Research Analyst Colonel Wayne Sanders and The Associated Press' International Correspondent Philip Crowther join David Gura and Christina Ruffini on Bloomberg This Weekend to discuss. (Source: Bloomberg)
Strait of Hormuz remains closed
- Markets brace for volatility as Strait of Hormuz tensions return Seeking Alpha —
- Tehran will never cede control of Strait of Hormuz, senior Iranian politician tells BBC BBC News —
- Hormuz whiplash is disrupting Iran talks & shipping logistics CNN —
- Gunfire, U-Turns and Threats Mark a Chaotic Weekend in Hormuz Bloomberg —
- Hormuz Shipping Traffic Grinds to a Halt as Tensions Deepen Bloomberg —