U.S. navy launches blockade of Iranian ports

The U.S. navy begins its blockade of Iranian ports in the Strait of Hormuz. However, there are signs of further dialogue which have helped crude prices to drop back under $100 per barrel. President Trump says the “appropriate people” in Tehran have communicated that they want to strike a deal. The optimism is felt on Wall Street with the S&P 500 erasing its losses since the start of the conflict while Asian equities are also in the green overnight. In luxury news, LVMH sales miss quarterly expectations as the Iran crisis weighs. The firm’s U.S. shares closed 3 per cent in the red. See Privacy Policy at and California Privacy Notice at .

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U.S. navy launches blockade of Iranian ports is an episode from Squawk Box Europe Express by CNBC International.

This episode is 00:29:55 long.

This episode was published on Apr 14, 2026.

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