Iran War: US Reinstates Hormuz Blockade, Demands 20% Fee | Daybreak Europe 7/14/2026
Source: Bloomberg Politics · Bias: Center
Summary
Bloomberg Daybreak Europe is your essential morning viewing to stay ahead. Live from London, we set the agenda for your day, catching you up with overnight markets news from the US and Asia. And we'll tell you what matters for investors in Europe, giving you insight before trading begins. On today's show, US President Donald Trump has reinstated the blockade of Iranian ships in the Strait of Hormuz, and demanded a 20% reimbursement for all other cargo shipped through the waterway. Brent oil futures spiked above $85 a barrel for the first time in a month. Bond traders ramped up bets for a July interest-rate hike by the Fed ahead of US inflation data and Fed Chairman Kevin Warsh's testimony to Congress. Fed Governor Christopher Waller has signaled that further rate hikes may be warranted should underlying inflation continue to reflect broad-based price pressures. And the biggest US banks are due to kick off earnings season. (Source: Bloomberg)
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Daily Analysis
Read the full Parallax Pulse for July 14, 2026 — an AI-powered analysis of how Left and Right media covered the biggest stories this day.
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