Raymond Liu

speaker

1,052 appearances 6 recordings 1 series first heard Jun 2026 last heard 20 Aug

Raymond Liu’s voice in public audio — every appearance, attributed to the second.

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recordings per month · last 12 months

Recordings per month over the last 12 months — 6 in all, peaking in Jul 2026 with 3.

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Morning Brew Daily · Oil Prices Keep Climbing & ‘Moana’ Flops at the Box Office · 14 Jul 2026 podcast

Eastern time on Tuesday.

Iranian Foreign Minister Abbas Arachi responded with a post on X saying, Iran has always been the guardian of the Strait and will remain so forever.

The dueling comments means it'll likely be another continued standoff over the control of the Strait.

And to go over briefly of the timeline, the Trump administration stated that an interim peace deal had been made back in mid-June, including pulling back the U.S.

naval blockade.

Reports indicated progress was moving forward up until July 7th when Iran was accused of striking three ships in the Strait.

The US responded by striking dozens of targets in Iran and reinstating sanctions on Iran's oil sales.

Then, on July 8th, Trump declares that the ceasefire was over but says negotiations can continue while fears of the war perk back up again.

Kayla.

Any new fee means a potential threat to raise fuel costs and a 20% charge would work out to be about $32 million for a fully loaded crude carrier at current oil prices, according to Bloomberg.

So how are the markets reacting?

Yeah.

And I do want to get into the legality of the toll, because when Trump announced this 20% fee on all shipments, the first thing many are saying is, is this even legal?

Well, the IMO, the International Maritime Organization, flatly said no.

A spokesperson said, we have always been consistent on our stance on fees.

IMO stands firmly against charging fees for passage through straits used for international navigation.

And there is no legal basis through which

to introduce mandatory tolls simply to transit through a strait.

Even State Secretary Marco Rubio said before, no country is allowed to charge tolls or fees on an international waterway because there's this thing called international law.

And then there's a whole feasibility of it all.

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