Trump: The volume of oil passing through the Strait of Hormuz today exceeds the level seen before the outbreak of the Iran war.
52 minutes ago
U.S. President Donald Trump said that thanks to the U.S. military, the U.S. has full control over the Strait of Hormuz, and the volume of oil transported through the strait now even exceeds levels seen before the outbreak of the Iran war. Trump also noted that Russia has agreed to supply large quantities of petroleum products to the U.S., mainly diesel, adding that this is exactly the resource the U.S. currently needs. He simultaneously urged U.S. refiners and retailers to immediately start cutting oil prices, claiming that the U.S. has provided them with ample oil supplies.
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