We are learning more as Iran appears to maintain their focus on the Strait of Hormuz as the U.S. Navy’s blockade on Iranian ports continues. A number of analysts are tracking how the war has impacted oil prices and raised the cost of food, fuel, and other products that are made from petroleum as a result. LiveNOW’s Alexandra Goldberg is speaking with James Bikales, an energy reporter at POLITICO, as the U.S. says shipping companies could face sanctions for making payments to Iran in exchange for safe passage through the Strait of Hormuz.
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