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Trump Restarts Iran Blockade as US Plans 20% Hormuz Charge | Bloomberg Businessweek, Sonic AI
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Trump Restarts Iran Blockade as US Plans 20% Hormuz Charge | Bloomberg Businessweek
Bloomberg Businessweek
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Jul 13, 2026
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40:11
Interview
Trump Restarts Iran Blockade as US Plans 20% Hormuz Charge | Bloomberg Businessweek
From
Bloomberg Businessweek Daily
Tim Stenovec
(Host)
•
Carol Massar
(Bloomberg Businessweek anchor and financial…)
•
Bloomberg Businessweek Announcer
(Guest)
•
Ian King
(Guest)
•
Rockford Weitz
(Guest)
•
Roger Crandall
(CEO, MassMutual)
•
Erik Wasson
(Guest)
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Executive Summary
is escalating its conflict with Iran, with President Trump notifying Congress of a new war, granting a 60-day window for military action without further approval, and threatening immediate strikes.
The Strait of Hormuz is experiencing a collapse in shipping traffic and has effectively split into a northern Iranian-controlled route and a southern internationally-patrolled route, with Iran remining the area and insurance costs soaring.
Gulf nations are accelerating efforts to bypass the Strait of Hormuz with new pipelines (UAE, Saudi Arabia) and are investing heavily in counter-drone technology through long-term agreements with Ukraine.
The semiconductor market shows strong demand for leading-edge chips (TSMC sales up 36%), while the memory chip segment remains volatile, and U.S.
restrictions continue to sideline Chinese competitors.
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US-Iran Military Escalation
Strait of Hormuz as a Strategic Chokepoint
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