President Donald Trump reinstated the US blockade of Iranian ships transiting the Strait of Hormuz and demanded a 20% reimbursement for all other cargo shipped via the waterway. Bloomberg's Stuart Livingstone-Wallace and Marisks CEO discuss the implications.

Source: [Bloomberg Markets](https://www.bloomberg.com/news/videos/2026-07-14/trump-reinstates-iran-blockade-plans-hormuz-ship-fee-video)

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