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Secretary General Dominguez Rejects Tolls on Strait of Hormuz

Bloomberg Markets
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The International Maritime Organization’s Secretary-General Arsenio Dominguez firmly rejected proposals to impose tolls on ships passing through the Strait of Hormuz during its sixth week of closure. Over 20,000 seafarers remain stranded in and around the strait, exacerbating global shipping disruptions amid stalled negotiations to reopen the critical oil chokepoint. Dominguez addressed the crisis in a Bloomberg interview, emphasizing diplomatic efforts to resolve the blockade but offering no timeline for reopening the waterway. The closure has triggered record oil futures losses, with March’s US CPI surge linked to spiking gas prices amid regional conflicts disrupting supply chains. Broader economic fallout includes plummeting consumer sentiment and financial sector concerns, as inflation pressures mount from prolonged maritime trade halts.
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Apr 11th, 2026Secretary General Dominguez Rejects Tolls on Strait of HormuzAs the Strait of Hormuz remains closed for the sixth week, International Maritime Organization Secretary-General Arsenio Dominguez joins Christina Ruffini and Tim Stenovec on Bloomberg This Weekend to discuss this weekend's negotiations and the 20,000 seafarers stranded in and around the Strait of Hormuz. Watch the full interview on Bloomberg This Weekend. Watch the show LIVE every Saturday and Sunday morning.ExclusiveDuration:3:18Bessent Met Bank Bosses to Discuss AnthropicDuration:2:16Consumer Sentiment Falls to a Record Low on Inflation ConcernsOpinionDuration:4:34This Map Shows the Future of OilDuration:4:41US CPI Surges in March as War Sends Gas Prices HigherDuration:1:42Blackstone Digital Infrastructure Trust Files for IPODuration:2:15Apple Accused of ‘Union Busting’ Over Store ClosureDuration:1:27Why Is Anthropic's Mythos Seen as a Risk for Banks?Duration:4:44Oil Futures Set for Biggest Weekly Loss Since JuneAvailable on:Listen onApple TVListen onRokuListen onSamsung TVListen onFire TVListen onAndroid TVListen onRakuten TVListen onHaystack NewsWatch BTV in your area:Channel Finder

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Source: Bloomberg Markets

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