Trump says Strait of Hormuz remains open after U.S. strikes on Iran

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President Donald Trump said the Strait of Hormuz remains open despite claims from Iran that the strategic waterway had been closed following a fresh round of U.S. military strikes. In an interview on NBC News' Meet the Press , Trump was

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President Donald Trump officially announced that the Strait of Hormuz remains open following U.S. strikes in Iran. By dismissing Iran's threats to close the strait, he aims to ease geopolitical tensions. Markets expect this statement to mitigate uncertainty in oil supply chains, though investors should closely monitor future military standoffs in the Middle East and oil price volatility.

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President Trump's statement serves as a de-escalation signal, calming market fears regarding potential disruptions to global oil transport. However, the situation remains fluid, and sustained stability in the region depends on Iran's subsequent actions and the broader diplomatic response to current tensions.

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