Buzzberg Cup Live

Trump Says US Would 'Keep the Strait' And Run It

Watch on YouTube ↗  |  July 13, 2026 at 14:04  |  3:40  |  Bloomberg Markets

Summary

The video covers escalating US-Iran military tensions over the Strait of Hormuz, with President Trump stating the US will take over the waterway. Commercial shipping traffic has halted as vessels go dark to avoid attacks, and Brent crude prices rose 3.5%. Both sides exchange conflicting claims about the strait’s status while diplomacy appears ineffective.

  • President Trump says the US will 'keep the Strait' and run it, indicating longer-term involvement.
  • Iran's IRGC threatens to close the Strait of Hormuz if the US does not end interference.
  • Observable shipping traffic in the Strait has come to a halt as vessels switch off transponders (so-called dark crossings).
  • The US conducted three waves of strikes aimed at degrading Iran’s ability to target commercial shipping.
  • Brent crude oil prices rose 3.5% amid the escalation.
  • Bloomberg Intelligence data shows dark crossings exceeded observable crossings for three days.
  • The White House says diplomatic negotiations continue but expects little tangible result from Iran.
Up Next