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Strait of Hormuz Shut, US Blockade Intensifies, and Gunfire Reported

Bloomberg Markets
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⚡ Quantum Brief
Iran’s Revolutionary Guard announced tighter military control over the Strait of Hormuz on April 18, 2026, citing U.S. interference with shipping, effectively shutting the critical passage to commercial traffic. Gunfire was reported near vessels in the strait as tensions escalated, with Tehran warning it could fully block the waterway if Washington continues pressuring Iranian ports. Former U.S. President Trump stated the U.S. would not release any frozen Iranian funds, rejecting diplomatic concessions amid the standoff. Iran claimed it was removing naval mines from the strait, though the U.S. disputed the assertion, calling it a tactical maneuver rather than de-escalation. The crisis follows a 10-day Israel-Lebanon ceasefire, but analysts warn prolonged Hormuz disruptions could trigger global energy shocks and financial market instability.
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Apr 18th, 2026Strait of Hormuz Shut, US Blockade Intensifies, and Gunfire ReportedBloomberg News White House Correspondent Jeff Mason and The Associated Press' International Correspondent Philip Crowther join David Gura and Christina Ruffini on Bloomberg This Weekend following Iran's Islamic Revolutionary Guard Corps releasing a statement that the Strait of Hormuz was shifted back to how it operated before April 17, putting the passage under tighter military oversight after what it described as US interference with shipping. The move lands amid warnings that Tehran could go further, as Iran threatens to shut Strait of Hormuz if Washington keeps pressure on Iranian ports.Duration:3:18Trump Says US Won't Give Iran Any Frozen FundsDuration:4:18The AI Model That Frightens Wall StreetDuration:3:35Trump Says Iran Is Removing Mines From Hormuz StraitDuration:2:00Fed's Waller Expresses Caution About Lowering RatesDuration:8:01Netflix Shares Tank on Weak Forecast; Hastings Steps DownTechnologyDuration:1:06Starmer Says He Wasn't Told Mandelson Failed VettingDuration:2:06Fed's Daly Says Too Early to Tell If War Will Create Long-Term ShockDuration:1:35Israel, Lebanon Agree to 10-Day CeasefireAvailable 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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