Trump says U.S. will blockade Strait of Hormuz after Iran peace talks fail

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Trump said the U.S. blockade will stop Iran from policing the strait and benefiting economically while the rest of the world suffers from its closure.

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CNBC

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The former Mandarin Oriental hotel during an implosion on the island of Brickell Key in Miami, Florida, US, on Sunday, April 12, 2026. (Source: Bloomberg)

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