World Business Report
Iran seizes cargo ships in Strait of Hormuz
Up next
22 April 2026
28 minutes
Available for 23 days
Iran has seized two cargo ships and warned that reopening the Strait of Hormuz will be “impossible” if a US blockade continues. Sarah Rogers asks what that means for the US and hear from a business operating inside Iran.
We also hear how businesses are expecting to benefit from a $100 billion EU loan to Ukraine.
And Tesla reports higher than expected first-quarter profits.
(Picture: Ships and boats in the Strait of Hormuz, Musandam, Oman, April 22, 2026. Credit: Reuters)
