Trump Says Strait of Hormuz to Remain Open, No Naval Blockade; Claims Record Oil Flow
President Trump stated he agreed to keep the Strait of Hormuz open without a naval blockade, adding that 19 million barrels of oil transited the strait yesterday, an all-time high.
President Trump announced that he has agreed to allow the Strait of Hormuz to remain open, with no further naval blockade. He also claimed that 19 million barrels of oil flowed through the strategic waterway yesterday, setting a new daily record.
The statement eases immediate geopolitical tensions around the world's most important oil chokepoint. The reported record flow suggests sustained high demand or supply movement through the strait, though no independent confirmation was provided.
The Strait of Hormuz connects the Persian Gulf with the Gulf of Oman and is a critical transit route for oil tankers. Previous threats of a blockade had raised concerns about potential supply disruptions and price spikes.
Source: Cointelegraph