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Trump's statement on the Strait of Hormuz: 'We transported more oil'

US President Donald Trump stated that a "record amount" of oil was transported through the Strait of Hormuz, adding that prices will fall once the war ends.

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Trump's statement on the Strait of Hormuz: 'We transported more oil'

US President Donald Trump made a statement regarding oil shipments through the Strait of Hormuz at a time when the impact of the conflict between the US and Iran on maritime transport continues.

Speaking to reporters in Chicago, Trump said, "Last night, we transported a record amount of oil through the Strait of Hormuz. This amount is more than what we were extracting before the war."

Tensions in the region are closely affecting activity in the Strait of Hormuz, which is of critical importance for global oil supply due to the targeting of oil tankers and disruptions in shipping traffic.

Trump argued that oil prices would fall "as soon as Iran surrenders, as soon as the war ends."


News Source: 12punto

Donald Trump USA Iran Strait of Hormuz oil Global oil supply