Trump Strait of Hormuz Demand

President Trump wants the Strait of Hormuz opened for ships 'without limitation, including tolls,' according to White House press secretary Karoline Leavitt. The demand comes as part of the fragile ceasefire between the U.S. and Iran, with Leavitt stating that Trump's 'plain language' should be taken at face value. At least two vessels have passed through the strait since the ceasefire deal, but overall traffic remains slow.

The reopening of the Strait of Hormuz is crucial for the global oil market, as it has been effectively blocked by Iran during the war. The strait is a vital oil-shipping route, with approximately a fifth of the world's oil supply passing through it.

A formal announcement on the strait's reopening is expected in the coming days, with analysts watching for any signs of escalation or de-escalation in the region. The situation remains volatile, with Iran reportedly planning to charge ships to pass through the strait, which could be seen as a 'red line' by the U.S.