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Trump declares Iran hostilities "terminated" as US blockade of strait remains

Geopolitics & WarEnergy Markets & PricesTrade Policy & Supply ChainInfrastructure & Defense

Trump said hostilities with Iran are "terminated," but the Strait of Hormuz remains closed, keeping a major global energy chokepoint offline. The blockade has already triggered a global energy crisis, implying severe upward pressure on oil and gas prices and broad risk-off implications for markets and supply chains.

Analysis

Trump said hostilities with Iran are "terminated," but the Strait of Hormuz remains closed, keeping a major global energy chokepoint offline. The blockade has already triggered a global energy crisis, implying severe upward pressure on oil and gas prices and broad risk-off implications for markets and supply chains.

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