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Trump’s shipping blockade, the Philippines’ tax breaks, and Hungary’s political shakeup episode artwork

EPISODE · Apr 13, 2026 · 26 MIN

Trump’s shipping blockade, the Philippines’ tax breaks, and Hungary’s political shakeup

from World Business Report · host BBC World Service

As President Trump blocks ships travelling to and from Iran through the Strait of Hormuz, how will this affect Iranian oil exports?The Philippines has suspended taxes on paraffin and cooking gas to help keep food prices low; we hear from a chef who tells us how this will impact his restaurant business.With Victor Orban ousted, what does the future hold for Hungary under newly-elected Peter Magyar’s leadership?And, Bollywood icon, Asha Bhosle has died leaving behind an over $20 million empire of restaurants and music royalties.

What this episode covers

As President Trump blocks ships travelling to and from Iran through the Strait of Hormuz, how will this affect Iranian oil exports?The Philippines has suspended taxes on paraffin and cooking gas to help keep food prices low; we hear from a chef who tells us how this will impact his restaurant business.With Victor Orban ousted, what does the future hold for Hungary under newly-elected Peter Magyar’s leadership?And, Bollywood icon, Asha Bhosle has died leaving behind an over $20 million empire of restaurants and music royalties.

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Trump’s shipping blockade, the Philippines’ tax breaks, and Hungary’s political shakeup

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Frequently Asked Questions

How long is this episode of World Business Report?

This episode is 26 minutes long.

When was this World Business Report episode published?

This episode was published on April 13, 2026.

What is this episode about?

As President Trump blocks ships travelling to and from Iran through the Strait of Hormuz, how will this affect Iranian oil exports?The Philippines has suspended taxes on paraffin and cooking gas to help keep food prices low; we hear from a chef who...

Can I download this World Business Report episode?

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