Iran seizes cargo ships in Strait of Hormuz

Iran seizes cargo ships in Strait of Hormuz

April 22, 2026 · 28 min

About this episode

The episode discusses Iran's seizure of cargo ships in the Strait of Hormuz and its implications, alongside business expectations from a EU loan to Ukraine and Tesla's financial performance.

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)

More episodes of World Business Report

Explore listener stats, chart rankings, contacts and more on the World Business Report podcast page.