Iran broadcast to ships in the Strait of Hormuz that the vital oil and gas channel is once again closed to maritime traffic, with owners reporting gunfire in the waterway and ships abandoning efforts to transit after a brief spell when it appeared it might reopen. 

The fresh closure was the culmination of hours of chaos and confusion that saw some ships race to get out, only to U-turn. One supertanker issued a radio broadcast that it was coming under gunfire, the two shipowners said, asking not to be identified because of the security situation. A UK naval group also warned that a tanker was approached by two Iranian gun boats and fired upon without warning. It subsequently reported another ship was hit by an unknown projectile. 

On today's show, Bloomberg This Weekend hosts David Gura, Christina Ruffini, and Lisa Mateo speak with:

- International Maritime Organization Secretary General Arsenio Dominguez, Former Deputy Assistant Secretary of State for Iraq and Iran under President Trump, Andrew Peek, and Former Acting Principal Deputy Assistant Secretary for the Bureau of Near Eastern Affairs under President Biden, Jennifer Gavito, on an intensified US blockade amid reported gunfire in the Strait.

- Gary Gensler, Former Chair of the US Securities & Exchange Commission, on an investigation into prediction market trades in the oil futures market ahead of recent policy pivots by President Trump.

- Puck Founding Partner Bill Cohan and Bloomberg TV Anchor Dani Burger, on why major banks are shaking off fears around private credit.

- Boston Globe Reporter Emily Sweeney on her viral accent and how journalism is pivoting in the social media age.

For more conversations like this, watch and listen to Bloomberg This Weekend live on Saturdays and Sundays from 7AM-10AM ET. Watch on Bloomberg Television, listen on Bloomberg Radio and stream the show live on the Bloomberg Business app and Bloomberg.com/video.

Iran broadcast to ships in the Strait of Hormuz that the vital oil and gas channel is once again closed to maritime traffic, with owners reporting gunfire in the waterway and ships abandoning efforts to transit after a brief spell when it appeared it might reopen.&nbsp;
The fresh closure was the culmination of hours of chaos and confusion that saw some ships race to get out, only to U-turn. One supertanker issued a radio broadcast that it was coming under gunfire, the two shipowners said, asking not to be identified because of the security situation. A UK naval group also warned that a tanker was approached by two Iranian gun boats and fired upon without warning. It subsequently reported another ship was hit by an unknown projectile.&nbsp;
On today's show, Bloomberg This Weekend hosts David Gura, Christina Ruffini, and Lisa Mateo speak with:
- International Maritime Organization Secretary General Arsenio Dominguez, Former Deputy Assistant Secretary of State for Iraq and Iran under President Trump, Andrew Peek, and Former Acting Principal Deputy Assistant Secretary for the Bureau of Near Eastern Affairs under President Biden, Jennifer Gavito, on an intensified US blockade amid reported gunfire in the Strait.
- Gary Gensler, Former Chair of the US Securities &amp; Exchange Commission, on an investigation into prediction market trades in the oil futures market ahead of recent policy pivots by President Trump.
- Puck Founding Partner Bill Cohan and Bloomberg TV Anchor Dani Burger, on why major banks are shaking off fears around private credit.
- Boston Globe Reporter Emily Sweeney on her viral accent and how journalism is pivoting in the social media age.
For more conversations like this, watch and listen to Bloomberg This Weekend live on Saturdays and Sundays from 7AM-10AM ET. Watch on Bloomberg Television, listen on Bloomberg Radio and stream the show live on the Bloomberg Business app and Bloomberg.com/video.

Catch up. Look ahead. Enjoy your weekend.  
Listen to Bloomberg This Weekend for unique conversations spanning news, politics, lifestyle and culture.  
David Gura, Christina Ruffini and Lisa Mateo bring you unique discussions and in-depth conversations with lawmakers, business leaders and cultural icons.  
Bloomberg This Weekend gives you insight to make sense of the world.

Catch up. Look ahead. Enjoy your weekend.&nbsp; Listen to Bloomberg This Weekend for unique conversations spanning news, politics, lifestyle and culture.&nbsp; David Gura, Christina Ruffini and Lisa Mateo bring you unique discussions and in-depth conversations with lawmakers, business leaders and cultural icons.&nbsp; Bloomberg This Weekend gives you insight to make sense of the world.

Catch up. Look ahead. Enjoy your weekend.  Listen for unique conversations spanning news, politics, lifestyle and culture. 

Bloomberg This Weekend

Catch up. Look ahead. Enjoy your weekend.   
Listen to Bloomberg This Weekend for unique conversations spanning news, politics, lifestyle and culture.   
David Gura, Christina Ruffini and Lisa Mateo bring you unique discussions and in-depth conversations with lawmakers, business leaders and cultural icons.   
Bloomberg This Weekend gives you insight to make sense of the world.

Catch up. Look ahead. Enjoy your weekend.&nbsp; &nbsp; Listen to Bloomberg This Weekend for unique conversations spanning news, politics, lifestyle and culture.&nbsp; &nbsp; David Gura, Christina Ruffini and Lisa Mateo bring you unique discussions and in-depth conversations with lawmakers, business leaders and cultural icons.&nbsp; &nbsp; Bloomberg This Weekend gives you insight to make sense of the world.

Iran Reimposes Restrictions on Strait of Hormuz

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/d52a5963-64e6-4cb7-b554-b4300108dbdc/transcript