He also said talks on an Iran deal are centered on stopping Tehran from obtaining a nuclear weapon, pointing to the strategic waterway’s role in global energy and shipping flows.
Donald Trump said the Strait of Hormuz will be fully open by Friday and toll-free once it is permanently reopened. He also said the focus of an Iran deal is preventing Iran from obtaining a nuclear weapon. The remarks point to the importance of the Strait of Hormuz, a key global oil and shipping chokepoint, where any disruption can quickly ripple through energy markets and broader risk sentiment.