Trump Says Strait of Hormuz to Fully Reopen by Friday as Oil Prices Fall and Global Markets Rally
U.S. President Donald Trump has expressed confidence that the Strait of Hormuz will be fully operational by Friday, signaling a potential easing of tensions in one of the world's most critical energy shipping routes.
🇺🇸🇮🇷 President Trump promises Strait of Hormuz will be fully opened by Friday
— Commentary Donald J. Trump Truth Social Posts On X (@TrumpTruthOnX) June 16, 2026
'The ships are starting to move, oil is starting to go, prices are coming down rapidly, stock markets are going up rapidly. A lot of good things are happening' pic.twitter.com/Wjd3kL8W3Y
Speaking about recent developments, Trump stated that ships have already begun moving through the strategic waterway, oil exports are resuming, energy prices are declining, and global stock markets are responding positively. He highlighted the improving economic outlook, saying that "a lot of good things are happening" as maritime traffic gradually returns to normal.
The Strait of Hormuz is a vital corridor for global energy supplies, with a significant portion of the world's oil and liquefied natural gas shipments passing through the route. Any disruption in the region can have major implications for international trade, energy markets, and economic stability.
Trump's comments come amid heightened global attention on Middle East security and energy supply chains, with investors closely monitoring developments that could influence oil prices and market sentiment in the coming days.
