Donald Trump Says US Doesn’t Need Strait Of Hormuz. Five Reasons Why He May Be Wrong

Last Updated:March 21, 2026, 08:47 IST Roughly 20 per cent of the global oil supply moves through the Strait of Hormuz. This means any disruption pushes up global crude prices, leading to a rise in fuel costs worldwide In his strongest indication yet that he may be prepared to soon end hostilities in the Middle East, US President Donald Trump on Friday said he was considering “winding down” military operations against Iran, as the United States temporarily eased sanctions on Iranian oil shipments to stem a global supply crisis. In a post on Truth Social, Trump said the United States…