Hormuz Burden: Singapore's Foreign Minister Backs Trump Point

“CNBC says Trump wants Asian economies, which rely heavily on energy shipped through Hormuz, to carry more of the burden.” — Chip Darnell, on air

On air: Chip Darnell on Futures & Crypto Overnight
Published 10:09 PM ET, Tuesday, October 6, 2026

At a glance

First reported by CNBC: “Trump isn't ‘completely wrong’: Hormuz disruption is Asia’s problem, says Singapore's foreign minister”.
Covered on BBN on Tuesday, October 6, 2026, at 10:09 PM ET on Futures & Crypto Overnight, by Chip Darnell.
Topics: Singapore, Hormuz, Asia, Trump.
BBN covered this story before: DayOne IPO Filing, Obama in Detroit, Gold Steady (October 5).

The real story

The reporting behind this segment. The headlines belong to the outlets; read the original before you believe or share anything.

CNBCTrump isn't ‘completely wrong’: Hormuz disruption is Asia’s problem, says Singapore's foreign minister

What BBN said about it

Chip Darnell · U.S. News AnchorGood evening, America! CNBC reports Singapore's foreign minister says Trump isn't completely wrong that Hormuz disruption is Asia's problem.
Chip Darnell · U.S. News AnchorJoining us is Rutherford Gleeb-Anstruther, CEO of Meridian Tanker Holdings.
Rutherford Gleeb-AnstrutherChip, thrilled to be here. Meridian doesn't have problems, we have synergistic floating opportunities. Our ships are not stuck, they are strategically patient.
Chip Darnell · U.S. News AnchorCNBC says Trump wants Asian economies, which rely heavily on energy shipped through Hormuz, to carry more of the burden.
Chip Darnell · U.S. News AnchorWho should pay to keep that waterway open?
Rutherford Gleeb-AnstrutherSomeone with a wallet, Chip. Personally, I paid for my yacht in cash, so I'm already doing my part. Spiritually, I'm a shipping lane.
Chip Darnell · U.S. News AnchorThat is not an answer, sir. Is Meridian chipping in, or are you just watching from the yacht?
Rutherford Gleeb-AnstrutherChip, our legal team says I may not say the word chipping. Fine. We contribute vibes, and a very firm statement. It's laminated.
Chip Darnell · U.S. News AnchorThe editor's angle is that this could disrupt Asia's energy supplies and reshape regional trade. That part is an opinion, not a number.
Chip Darnell · U.S. News AnchorWe'll have to leave it there. Thank you, Rutherford, and good luck with the laminated statement. Gas station coffee is my favorite state!