Trump Says US to Sever Iran Lifeline With Blockade of Strait

Jennifer A. Dlouhy and Alex Longley (Bloomberg) — President Donald Trump said the US will blockade the Strait of Hormuz following the failure of peace talks with Iran in Islamabad this weekend, a move that will likely exacerbate oil and fuel shortages globally. “Effective immediately, the United States Navy, the Finest in the World, will begin the process of BLOCKADING any and all Ships trying to enter, or leave, the Strait of Hormuz,” Trump said in a social media post. The blockade would effectively sever Iran’s primary means of exporting oil. Vice President JD Vance and envoys Steve Witkoff and…