After the ceasefire, Trump makes his next move: the U.S. is “on standby” to facilitate the flow of 130 million barrels of crude oil trapped in the Strait of Hormuz into the market.

LootboxPhobia · 2026-04-08T09:01:42+00:00

Zhitung Finance APP learns that United States President Donald Trump said on Wednesday that the United States will help address the increasingly congested shipping traffic issue in the Strait of Hormuz. Earlier, on Tuesday, Trump reached a two-week ceasefire agreement with Iran, with less than two hours remaining until the deadline he demanded Iran to reopen the strait or otherwise would strike civilian infrastructure.Trump said the conditions for the last-minute agreement were that Iran agreed to stop blocking oil and gas supplies through the Strait of Hormuz. The strait typically carries about one-fifth of global oil shipment volumes.Trump said, “We will load all kinds of supplies and be on standby nearby to ensure everything goes smoothly.” He also said, “There will be a lot of positive actions! Big money will be earned. Iran can initiate a reconstruction process.”Trump said that after reaching the two-week ceasefire agreement with Iran, the United States achieved “a complete and total victory.”Temporary ceasefire and the Strait of Hormuz

LootboxPhobia

2026-04-08 09:01:42

Zhitong Finance APP learned that U.S. President Donald Trump said on Wednesday that the United States will help deal with the increasingly congested shipping traffic in the Strait of Hormuz. Earlier, on Tuesday, Trump reached a two-week ceasefire agreement with Iran, with less than two hours remaining until the deadline of his demand that Iran reopen the strait, or the United States would strike civilian infrastructure.

Trump said that the premise of this last-minute agreement is that Iran agrees to stop blocking the supply of oil and gas through the Strait of Hormuz. The strait typically carries about one-fifth of global oil shipments.

Trump said: “We will load all kinds of materials and be ‘on standby’ nearby to ensure everything goes smoothly.” He also said: “There will be a lot of positive action! Big money will be earned. Iran can start the reconstruction process.”

Trump said that after the two-week ceasefire agreement with Iran, the United States achieved “a complete and total victory.”

The temporary ceasefire and the reopening of the Strait of Hormuz will allow Middle East exporters to ship large volumes of oil that have been stuck in the Persian Gulf since the start of hostilities.

According to data from analytics firm Kpler, currently in the region there are about 200 oil tankers floating with around 130 million barrels of crude oil and 46 million barrels of refined oil.

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