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Trump: Oil is flowing through the Strait of Hormuz and the U.S. is ready to engage with Iran
Economy

Trump: Oil is flowing through the Strait of Hormuz and the U.S. is ready to engage with Iran

تصویر: تولید هوش مصنوعی

By Emarat International News Agency Editorial Updated: 3 min Read time 27,071

The United States government, led by Donald Trump, has emphasized that oil is continuously passing through the Strait of Hormuz and that the country is prepared to collaborate with Iran to ensure security and freedom of navigation in this strategic waterway. These statements come in the wake of repeated attacks by Iran-backed militants on Saudi Arabia's oil infrastructure.

Solidarity with Gulf Countries

Trump, while condemning the Houthi attacks on Saudi Arabia, announced the United States' solidarity with its Gulf partners against these threats. The U.S. government believes that it must work with allied countries to maintain security in the Strait of Hormuz. The Strait of Hormuz is one of the most important oil transit points in the world, through which about 20 percent of the world's crude oil passes.

Economic and Political Consequences

Possible talks between the U.S. and Iran could have significant impacts on the global oil market and prices. Any escalation of tensions in this region could lead to rising oil prices and disruptions in global supply. Trump also noted that these negotiations could help stabilize the region and prevent increased tensions.

The United States government is seeking to create an international coalition to protect navigation in the Strait of Hormuz and will engage in further cooperation with Gulf countries for this purpose. This action could help reduce tensions and enhance security in the region.

While Iran has strongly denied any involvement in the Yemen war and emphasizes its non-responsibility for the attacks on Saudi Arabia, Trump's statements reflect the U.S. determination to strengthen cooperation with Gulf countries against common threats. Especially as the global economic situation is affected by fluctuations in oil prices and political tensions, these collaborations could be vital for many countries.

Conclusion

Given the importance of the Strait of Hormuz and the high dependence of global markets on oil passing through this route, Trump's statements and the United States' willingness to cooperate with Iran can be seen as a positive step towards maintaining economic and political stability in the region. This issue will not only impact global oil prices but also reflects diplomatic efforts to reduce tensions and ensure security in this strategic waterway.

Source: khaleejtimes.com