President Donald Trump has threatened to blockade the Strait of Hormuz if diplomatic negotiations with Iran fail. The move is part of a strategy to neutralize Iran's leverage over global energy transit.
- President Trump threatens blockade of the Strait of Hormuz
- Action aimed at increasing pressure on Iran ahead of peace talks
- US administration views Iran's waterway control as 'short term extortion'
- Potential for severe disruption to global oil supplies and shipping
- Market volatility expected to increase in energy and safe-haven assets
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