Why Maintaining Free Hormuz Trade Is Key for US in Talks
The Strait of Hormuz remained largely blocked on Wednesday even after a ceasefire was agreed between the US and Iran, with just three ships observed leaving the region. Arnold &...
By Bloomberg Markets · Bloomberg Markets
The Strait of Hormuz remained largely blocked on Wednesday even after a ceasefire was agreed between the US and Iran, with just three ships observed leaving the region. Arnold & Porter Senior International Policy Advisor Barbara Leaf discusses the importance of reopening the Strait and explains why the US has a strong interest in preserving the waterway as a channel for free trade and navigation.