Former NSA director John Bolton on Trump calling for Strait of Hormuz blockade: it "makes sense"

Trump said the US would blockade the Strait of Hormuz "effective immediately" after failed peace talks with Iran in Islamabad. The Strait is a critical chokepoint for global oil shipments, so the announcement implies a major supply disruption risk for energy markets, shipping, and broader risk assets. The geopolitical escalation is likely to drive a sharp risk-off reaction across crude, freight, and defense-sensitive assets.

Analysis

Trump said the US would blockade the Strait of Hormuz "effective immediately" after failed peace talks with Iran in Islamabad. The Strait is a critical chokepoint for global oil shipments, so the announcement implies a major supply disruption risk for energy markets, shipping, and broader risk assets. The geopolitical escalation is likely to drive a sharp risk-off reaction across crude, freight, and defense-sensitive assets.