Energy markets may reroute globally

Over a month into a war with Iran that has no clear end, President Trump has enforced a blockade, which went into effect on Monday at the Strait of Hormuz.

The New York Times reporters David E. Sanger, Rebecca F. Elliott and Eric Schmitt discuss the strategy behind the blockade, the dangers that it poses and whether or not it’s actually working.

Guest: 

• David E. Sanger, a White House and national security correspondent for The New York Times.
• Rebecca F. Elliott covers energy for The New York Times.
• Eric Schmitt, a national security correspondent for The New York Times.

Background reading: 

• Mr. Trump is setting up a test of which side can endure more economic pain with his blockade of the Strait of Hormuz.
• His oil blockade could provoke retaliation that inflicts more damage on energy assets and the global economy.

Photo: Reuters

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