President Donald Trump said the Strait of Hormuz remains open, with numerous vessels passing through despite an ongoing U.S. naval blockade of Iranian ports. The remarks came amid escalating maritime tensions between the United States and Iran and suggest that the blockade may be effective without fully stopping transit. Market pricing now reflects a 42.2% chance that zero ships will pass through the strait by August 31, down from previous levels. Traders and observers are watching for an official Iranian response, further maritime actions, statements from the IRGC (Iran's Islamic Revolutionary Guard Corps) or U.S. Central Command, and any changes in vessel traffic or blockade enforcement as the deadline approaches.