Trump Says Strait of Hormuz Could Be Open Very Soon

Summary

• Donald Trump posits that the Strait of Hormuz could be opened "very soon" if a deal is reached.
• He suggests oil flow through the strait would be "jointly controlled," possibly by the U.S. and Iran.
• Trump asserts that a form of "regime change" is already underway in Iran, referencing that many from the existing regime have been killed.
• He indicates engagement with what he describes as "reasonable" and "solid" people within Iran, suggesting a potential new leadership.
• He draws a parallel to Venezuela, claiming the U.S. relationship and oil situation there is "working out" well.
• The core market implication is a prediction that the "price of oil will drop like a rock as soon as a deal is done."
• The entire thesis is contingent on a speculative diplomatic deal with Iran, which presents a high degree of uncertainty.
• No specific oil companies, ETFs, or other financial instruments are mentioned.