Trump Says US Can Take Strait of Hormuz with More Time

Reuters04-03 20:50

April 3 (Reuters) - President Donald Trump on Friday said the U.S. can open the ​Strait of Hormuz with a little more ‌time, as pressure mounts for his administration to find a quick resolution to a war against Iran.

"With a little ​more time, we can easily OPEN THE ​HORMUZ STRAIT, TAKE THE OIL,& MAKE A ⁠FORTUNE," Trump said in a post on Truth ​Social.

Nearly five weeks after it started with a ​joint U.S.-Israeli aerial assault, the war in Iran continues to spread chaos across the region and roil financial markets, ​raising the pressure on Trump to find a ​quick resolution to the conflict.

Iran has effectively shut down ‌the ⁠Strait of Hormuz , a key waterway that carries about a fifth of the world's total oil consumption, in retaliation for U.S.-Israeli strikes that began ​in late ​February. Reopening ⁠it has become a priority for governments around the world as energy prices ​soar.

In the speech on Wednesday ​night, ⁠Trump repeated his threats against Iran's civilian power plants and gave no clear timeline for ending hostilities, ⁠drawing ​vows of retaliation from Iran ​and depressing share prices.

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