U.S. President Donald Trump said the U.S. Navy had removed or detonated all sea mines in the Strait of Hormuz and warned that vessels laying new mines would be destroyed. Iran’s Deputy Foreign Minister Kazem Gharibabadi rejected the assertion, saying the strait remains closed despite a temporary transit-route agreement with Oman and warning that mine-detection ships would be targets. Bloomberg reported that U.S. allies privately believe the waterway may still contain mines, while market pricing showed a slight increase in the perceived risk that no ships would transit by August 31. Analysts say key lanes may have been cleared of known mines, but drifting or uncharted devices, Iran’s ability to reseed the waterway, and missile and drone threats mean shipping and insurance risks are unlikely to normalize quickly without a ceasefire.