Global Economy 'Held Hostage' By Trump Over Strait Of Hormuz | Malcolm Nance

By Times News

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“Iran now wants 7 per cent of the cost to value of the cargo, and Oman is looking at 3 per cent. Donald Trump now wants no per cent. So if there is a deal that comes out of this, it's going to be between Iran and Oman, and the United States will have to acquiesce.” The global economy is being “held hostage” by Donald Trump says former US naval intelligence officer Malcolm Nance. Nance says the US “will have to acquiesce” if Oman and Iran come to a deal over the Strait of Hormuz. Malcolm Nance was speaking to Carole Walker on Times Radio. Listen live every Monday-Wednesday, 10pm-1am. Read the best of our journalism: https://www.thetimes.com/ Listen live to Times Radio: https://www.thetimes.com/radio/live Subscribe to The Times and The Sunday Times YouTube channel: https://www.youtube.com/subscription_center?add_user=timesonlinevideo Find us on Facebook: https://www.facebook.com/timesandsundaytimes/ Find us on X: https://x.com/thetimes Find us on Instagram: https://www.instagram.com/t

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