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Bloomberg Markets

Trump’s Hormuz Blockade Risks Piling Pain on Asia Allies, China

Trump’s Hormuz Blockade Risks Piling Pain on Asia Allies, China
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US President Donald Trump’s move to blockade the Strait of Hormuz risks deepening an unfolding economic crisis for Asia’s energy-dependent economies, including America’s allies in the region and China.

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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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