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The markets should be opening shortly; my prediction is prediction oil will bump upwards.Ok, I'm not certain what to make of this news -
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Trump says U.S. will blockade Strait of Hormuz after Iran peace talks fail
Trump said the U.S. blockade will stop Iran from policing the strait and benefiting economically while the rest of the world suffers from its closure.www.cnbc.com
Trump says U.S. will blockade Strait of Hormuz after Iran peace talks fail
So now its the US that is blocking the Strait, not the Iranians? How will the US know if a ship has paid a toll to Iran? Ask to see the receipt? Check the companies bank statement? Ask them nicely?
- President Donald Trump said the U.S. will blockade the Strait of Hormuz after talks to end the Iran war ended without a resolution over the weekend.
- Trump also said the U.S. Navy will “seek and interdict every vessel in International Waters that has paid a toll to Iran.”
- Iran is preparing to charge a toll on vessels seeking passage through the strait, a move that invoked Trump’s ire as Tehran tries to cement its grip on the passage amid a two-week ceasefire.
