CNBC Daily Open: Trump's Hormuz gambit lands with a whimper
U.S. Marines from the 31st Marine Expeditionary Unit boarded M/V Blue Star III, a commercial ship suspected of attempting to transit to Iran in violation of the U.S. blockade of Iranian ports, April 28, 2026. U.S. forces released the vessel after confirming the ship’s voyage would not include an Iranian port call. Washington's attempt to assert control over the Iran conflict has had the opposite effect, highlighting just how little has been resolved. Peace talks are stalling, shipping lanes remain choked, and OPEC+ output hikes landed with a shrug.
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