Trump Says Record Amount of Oil Transported Through Hormuz Strait
President Donald Trump revealed on Sept. 26 that he rejected Iran’s latest proposal to end the war.
TL;DR
- A record amount of oil was transported through the Strait of Hormuz on the night of Sept. 26.
- President Trump believes oil and gas prices will drop in the future.
- Price reductions are expected once Iran complies and the war ends.
- Trump made the announcement at the White House before attending the Presidents Cup.