live Tehran tightens grip on Hormuz; Trump says 'we don't need any help with Iran' - Middle East conflict 13 May

Iran is tightening its grip on the Strait of Hormuz, and U.S. President Trump stated he doesn't need China's help to resolve the conflict with Iran. The EU is discussing a tax on energy companies' windfall profits, while Israel responded to a drone attack near the Lebanese border. Oil prices are also softening.