"Iran's military reasserted control over the Strait of Hormuz on April 18, 2026, directly contradicting President Donald Trump's claims that the critical waterway was fully open and would never close again."
"The Strait of Hormuz is a narrow passage between Iran and Oman through which roughly 20% of global oil and liquefied natural gas normally flows."
"Less than 24 hours after announcing the strait was open, Iranian state media reported that the military had returned the strait to its previous state, requiring Iranian approval for vessels to pass."
"Iranian Parliament Speaker Mohammad Bagher Ghalibaf accused Trump of making seven false claims regarding the status of the Strait of Hormuz."
On April 18, 2026, Iran re-imposed controls over the Strait of Hormuz, contradicting President Trump's assertions of its full openness. The Iranian military's actions followed a brief period of declared openness announced by Foreign Minister Abbas Araghchi. The strait is crucial for global oil and gas transport, with tensions escalating due to U.S. military actions. Following the closure, Brent crude prices rebounded, while Bitcoin experienced a pullback. Iranian officials accused Trump of making seven false claims regarding the strait's status.
Read at news.bitcoin.com
Unable to calculate read time
Collection
[
|
...
]