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US-Sanctioned Tanker Linked To China Tests Trump Blockade

A US-sanctioned tanker linked to China sailed out of the Strait of Hormuz and into the Gulf of Oman, testing President Donald Trump's naval blockade. Rich Starry, a medium-range tanker earlier known as Full Star, was blacklisted by Washington in 2023 for helping Tehran evade energy sanctions. It is not clear on this occasion whether it visited Iranian ports before its transit, or is carrying cargo. Bloomberg's Adam Farrar joins to discuss.

Read more: US-Sanctioned Tanker Linked To China Tests Trump Blockade
Bloomberg

EU's Dombrovskis on Iran War Impact, Global Economy

The International Monetary Fund downgraded its growth projection for the year after the war in the Middle East triggered a major oil shock and included the possibility of a downturn if the conflict drags on and energy infrastructure is severely damaged. European Commissioner for Economy and Productivity Valdis Dombrovskis joins "Balance of Power" to discuss the IMF news as well the Ukraine war impact on the EU economy.

Read more: EU's Dombrovskis on Iran War Impact, Global Economy