Trump Says Strait of Hormuz Oil Flows Exceed Prewar Levels

U.S. President Donald Trump said oil shipments through the Strait of Hormuz have risen above their prewar level, while claiming that U.S. forces now fully control the strategic waterway.

Trump also said Russia has agreed to provide the United States with large quantities of oil products, primarily diesel. He described the supply as what the United States currently needs.

The president urged American refiners and retailers to begin lowering fuel prices immediately, saying the United States has supplied them with ample oil.

The Strait of Hormuz is a major route for global oil shipments, making the reported increase in flows relevant to energy markets and broader inflation concerns. Trump did not provide figures for current shipments, the prewar level or the Russian supply agreement.