Episode
U.S. moves to blockade Strait of Hormuz
- Podcast
- Squawk Box Europe Express
- Published
- Apr 13, 2026
- Duration seconds
- 1643
- Processing state
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Summary
Following failed U.S.-Iran peace talks in Islamabad over the weekend, Washington moves to blockade ships exiting or entering Iranian ports in the Strait of Hormuz. Oil prices surge on the news while Asian markets move into the red. President Trump says the blockade is aimed at eliminating Iranian crude exports from the market. Hungarian Prime Minister Viktor Orban is ousted after 16 years in power with Peter Magyar’s centre-right Tisza party winning a two-thirds super majority vote. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info .