From Bloomberg Markets and Finance.

Bloomberg 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.
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