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Trump’s Strait of Hormuz blockade aims to cut off Iran’s oil profits

DeFi Daily News by DeFi Daily News
April 12, 2026
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Trump’s Strait of Hormuz blockade aims to cut off Iran’s oil profits
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We are watching as the Iran war enters its 44th day on Sunday. This comes as no peace deal was reached after a nearly day-long negotiating session between the United States and Iran that featured Vice President JD Vance. LiveNOW’s Andy Mac is discussing recent updates from the Middle East and the latest White House headlines from the Trump administration with Associated Press reporter Will Weissert.

“So we go back to the United States, having not come to an agreement. We’ve made very clear what our red lines are, what things we’re willing to accommodate them on, and what things we’re not willing to accommodate them on,” Vance recently said. “And we’ve made that as clear as we possibly could, and they have chosen not to accept our terms.”

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Raw and unfiltered. Watch a non-stop stream of breaking news, live events and stories across the nation. Limited commentary. No opinion. Experience LiveNOW from FOX. Live news streaming channel when and where you need it.

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Tags: 44th dayAimsAP reporterassociated pressblockadeBoatBombsbreaking newscutforeign policyfox liveGeopoliticalHormuzinternational conflictIran blockadeiran warIransjd vancemiddle east updatesminbesmineMiningNegotiationsNewsnews todayOilpeace deal failurepolitical newsPoliticsProfitsred linesshipsStraittrump administrationtrump newstrump white houseTrumpsunited statesusUS diplomacyus iran talksUSAvice president vancewarwar updatesWhite House updatesWill Weissert
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