Trump Declares Strait of Hormuz 'Permanently' Open, But Tanker Traffic Indicates Otherwise
President Donald Trump claimed the Strait of Hormuz is 'permanently' open, citing US military strength and a new agreement with China. However, vessel-tracking data shows traffic remains significantly below pre-conflict levels, indicating ongoing uncertainty and challenges in the region. The discrepancy between Trump's statement and the actual traffic highlights potential market concerns.
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Topics: geopolitical tensions Iran military actions oil prices Strait of Hormuz Trump administration