April 12, 2026
21,420
197
272
2.19%
Every word spoken in this episode is indexed. Type any phrase to jump straight to the moment it was said.
Type any word or phrase that may have been spoken. Click a result to seek the player to that exact moment.
Try a name, a topic, or a quoted line
11:32Now PlayingPresident Donald Trump said the US would blockade the Strait of Hormuz following the collapse of peace talks with Iran in Islamabad. Axios National Security Editor Dave Lawler, Bloomberg News White House Reporter Jeff Mason and Congressional Reporter Alicia Diaz join Christina Ruffini and Tim Stenovec on Bloomberg This Weekend to discuss. President Donald Trump said the US would attack any Iranian vessels that approach US ships in the Strait of Hormuz, as his naval blockade of the vital waterway took effect Monday.
“Warning: If any of these ships come anywhere close to our BLOCKADE, they will be immediately ELIMINATED,” Trump said in a social-media post. He said the US would use the same tactics it did against alleged drug-running boats in the Caribbean Sea in recent months.
Trump’s blockade will test the durability of a fragile ceasefire with Iran and intensifies a global energy crisis in a six-week war that’s seen thousands of deaths across the region. It marks the latest move by the US president to strong-arm Iran into easing its own chokehold over the strait after talks in Pakistan on extending the ceasefire failed to reach a deal. Oil prices soared as investors braced for further supply shortages if the US blockade curtails the flow of Iranian oil to global markets. Prices remained choppy, though, as trading costs have surged, in turn sapping liquidity. Brent crude traded above $100 per barrel while May US crude futures traded near $102 a barrel by 10:52 a.m. in New York.
Iran has said it would target all ports in the Persian Gulf if its own shipping hubs are threatened, setting up a fresh standoff in waters that typically see flows of about a fifth of the world’s oil and liquefied natural gas.
The security of ports in the region is “either for everyone or for no one,” Iran’s armed forces said in a statement on Monday, according to the state-run IRIB News. The US blocking the strait would be “an act of piracy,” it said, reiterating plans to permanently control the critical waterway even after the war. Shortly before the deadline, the US published a notice to vessels in the region saying that it would intercept, divert or capture vessels leaving Iran after that time. The note said that neutral ships that haven’t called at Iran would not be impeded, though they may be searched for contraband cargo.
A UK naval group that liaises between the military and shipping said it had been informed of the restrictions and added that additional guidelines, including routing, verification and authorized transit procedures were being developed.
--------
Watch Bloomberg Radio LIVE on YouTube
Weekdays 7am-6pm ET
Follow us on X
Subscribe to our Podcasts:
Bloomberg Daybreak
Bloomberg Surveillance
Bloomberg Intelligence
Balance of Power
Bloomberg Businessweek
Listen on Apple CarPlay and Android Auto with the Bloomberg Business app:
Apple CarPlay
Android Auto
Visit our YouTube channels:
Bloomberg Podcasts
Bloomberg Television
Bloomberg Originals
Sentinel Indexing in Progress
Metadata and chapters are available. Claim extraction for this episode is pending.
All video content is delivered via YouTube embedded players in accordance with the YouTube Terms of Service. Sentinel provides research tools that promote discovery and accountability across political media.