Hormuz Chaos, Lebanon Clashes Dent Trump Peace Deal Hopes

WATCH: There are signs that the ceasefire in Lebanon, which went into effect on Friday, may be fraying. Bloomberg’s Dan Williams reports.Source: Bloomberg

Iran on Saturday reimposed restrictions on vessel traffic through the Strait of Hormuz and Israel attacked targets in Lebanon, undermining expectations of an imminent peace deal touted by US President Donald Trump.

The Islamic Republic broadcast to ships that the waterway was closed to maritime traffic, and one supertanker reported gunfire, according to owners of vessels in the area who asked not to be identified because of the security situation.