White House NEC Director Kevin Hassett said oil tankers are slowly resuming transit through the Strait of Hormuz, suggesting limited movement is continuing even as regional shipping risks remain elevated.
White House NEC Director Kevin Hassett said in a CNBC interview on Tuesday that oil tankers are slowly beginning to pass through the Strait of Hormuz. He also reiterated the Trump administration’s view that the war with Iran will last weeks, not months. The update adds to earlier reports that traffic through the key energy chokepoint had sharply slowed during the conflict, while Iran said the waterway was not fully closed.