The Financial News

The Financial News

Hormuz whiplash is disrupting Iran talks & shipping logistics


Iran once again closed the Strait of Hormuz, blaming the US for “breaches of trust”, a day after declaring the vital waterway open.

No tankers have crossed the Strait of Hormuz today, according to tracking data, making Sunday one of the quietest days in the waterway since the conflict began.

Trump energy secretary Chris Wright, former State Department official Aaron David Miller and executive director of the Port of Los Angeles, Gene Seroka, discuss the economic impact of the Strait of Hormuz logjam.

0:00 Trump makes new threats against Iran as the Strait of Hormuz remains closed
2:03 Former state department official on who has leverage in Iran talks
5:27 Shipping expert says he’s concerned about global supply chains
7:43 How long will it take for shipping to go back to normal if Hormuz opens?

Watch more CNN here: https://cnn.it/4kh5RPe

#Iran #Trump #News


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