Summary
- President Trump said he had demanded that Iran immediately halt its move to impose transit fees on tankers passing through the Strait of Hormuz.
- Iran is asking shipping companies to pay those fees in Bitcoin in exchange for passage through the strait, keeping tensions elevated over global oil supplies.
- Trump said oil would begin flowing soon regardless of whether Iran cooperates, and claimed he had already won.
Forecast Trend Report by Period
President Donald Trump warned Iran to immediately stop any effort to charge tankers passing through the Strait of Hormuz.
Trump wrote on Truth Social on July 9 that there were reports Iran was charging tankers to pass through the strait and that the practice "must stop, immediately."
The post came two days after the US and Iran announced a two-week temporary ceasefire on July 7. Trump had previously agreed to halt hostilities on the condition that the Strait of Hormuz be opened fully, immediately and safely.
But shipping through the waterway, which carries about 20% of global oil supplies, remains restricted. The Financial Times reported a day earlier that Iran was demanding shipping companies pay transit fees in Bitcoin in exchange for allowing passage through the strait.
Trump also said Iran would never have a nuclear weapon "because of me" and that oil would start flowing soon regardless of whether Tehran cooperates. He also rejected a Wall Street Journal editorial that called his declaration of victory premature, writing that he had already won and that "there is nothing premature about it."
Doohyun Hwang
cow5361@bloomingbit.ioKEEP CALM AND HODL🍀
