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Trump Says Oil Tankers Begin Moving Out of Strait of Hormuz, Southern Route Is Safe
Minseung Kang
Summary
- Trump said many ships carrying oil have begun moving out of the Strait of Hormuz.
- Trump said the vessels are traveling along the southern highway and that the route is fully safe and secure.
- The remarks came after a preliminary agreement between the US and Iran, as the normalization of traffic through the Strait of Hormuz emerged as a key variable for international oil prices and global financial markets.
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President Donald Trump said oil tankers have begun moving out of the Strait of Hormuz.
In a Truth Social post on June 15, Trump wrote that "many ships" carrying oil had started moving out of the strait.
The vessels are traveling along the southern "highway," he said, calling the route "completely safe, secure and clean."
He added that there are other routes as well.
The remarks came after a preliminary agreement between the US and Iran, as the normalization of traffic through the Strait of Hormuz emerged as a key variable for international oil prices and global financial markets.
Minseung Kang
minriver@bloomingbit.ioBlockchain journalist | Writer of Trade Now & Altcoin Now, must-read content for investors.
