Trump says oil tankers are starting to move through the Strait of Hormuz

Donald Trump said “oil tankers are starting to move” through the Strait of Hormuz, signaling that a potential U.S.-Iran understanding may be restoring traffic through the key energy corridor. The Strait of Hormuz handles about 20% of global seaborne crude oil, making its stability a direct driver of near-term supply-risk premia. The remark marks the first time a senior U.S. official has confirmed substantive progress rather than routine diplomatic messaging or speculation, providing an immediate catalyst for sentiment and pricing in oil markets.