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Iran Threatens To Reclose Strait, As US Military 'Ready' to Restart Blockade: 'Trump Will Certainly Lose'

Iran Threatens To Reclose Strait, As US Military 'Ready' to Restart Blockade: 'Trump Will Certainly Lose' Summary Iran threatens to reclose the Strait of Hormuz and suspended final talks with the US. The US earlier revoked an Iranian oil waiver & now signals readiness to restore a maritime blockade. Trump said the ceasefire is over and warned of fresh US strikes on Iran, probably "tonight". Oil jumps above $80 as fears of renewed conflict & return to Hormuz Strait closure intensifies. Strait of Hormuz traffic returns to normal by August 31? Yes 19% · No 82%View...
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May 21, 2026 / Tyler Durden
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