Trump Says Strait Is Open, US Is in Control
Speakers
Donald Trump
— President of the United States
Summary
President Donald Trump tells reporters the Strait of Hormuz is open and under US control, and that the US is taking out millions of barrels of oil per week. He says he likes the idea of declaring the strait a US territory. Trump also says oil prices are coming down and will continue to fall unless the US takes more drastic action.
- Trump says the Strait of Hormuz is open and the US is in control.
- He calls declaring the strait a US territory a great idea.
- He says the US blockade has been effective and is taking out millions of barrels of oil per week.
- Trump says oil prices are coming down and will continue to fall unless the US escalates.
- He says Iran is in big trouble with 300% inflation and a defeated military.
Ideas
Oil prices will continue falling.
Trump says the Strait of Hormuz is open and the US controls the blockade, which is taking out millions of barrels of oil per week. He argues this is keeping trade open and pushing oil prices down, and that oil prices will continue to fall unless the US deliberately escalates.
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Speakers: Donald Trump · Tickers: WTI