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Bloomberg Markets

Gold Falls as US Prepares to Blockade Hormuz After Failed Talks

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Gold tumbled after President Donald Trump followed unsuccessful peace talks between the US and Iran by ordering an American naval blockade of the Strait of Hormuz.

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Bloomberg Markets

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Ratney on Potential Impact of US Blockade of Hormuz

Michael Ratney, Former US Ambassador to Saudi Arabia and US Special Envoy for Syria, says the Trump Administration's plan to move US Navy forces to block the Strait of Hormuz 'injects enormous element of risk and uncertainty' that could lead to more spikes in energy prices and potential retaliation from Iran. He speaks with Shery Ahn and Haidi Stroud Watts on "Bloomberg: The Asia Trade". (Source: Bloomberg)

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