'All-time record, Strait totally open': Trump says 19 million barrels of oil exited Hormuz on Monday
- Posted on June 24, 2026
- By Business News Today
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- 1 min read
'All-time record, Strait totally open': Trump says 19 million barrels of oil exited Hormuz on Monday
President Trump announced unprecedented maritime activity in the Strait of Hormuz following a new diplomatic understanding with Iran. He claimed record oil flow and asserted that oil prices are falling, making the world safer. The US also aims to permanently block Iran's path to nuclear weapons, while regional stability remains a priority. Economic embargoes on Iranian crude have been paused, with Iran permitting UN inspectors' re-entry.
