Washington: US President Donald Trump said on Monday that several oil tankers have begun moving out of the Strait of Hormuz, one of the world’s most strategically important maritime routes through which a significant share of global oil supplies passes.
In a post on Truth Social, Trump stated that multiple oil-laden vessels were successfully navigating the waterway and moving south through what he described as a safe and secure shipping corridor.
The remarks came a day after Trump announced that a proposed agreement aimed at ending the 107-day conflict between the United States and Iran had been finalized. The prolonged confrontation had raised concerns over global energy supplies and contributed to volatility in international oil and gas markets.
According to Trump, the completion of the agreement has helped ease pressure on global energy markets and improve confidence in the security of key shipping routes.
Meanwhile, Pakistan Prime Minister Shehbaz Sharif said his country would host a signing ceremony for the proposed US-Iran agreement in Switzerland on June 19. However, official details of the peace accord were not immediately released.
In a social media post on Sunday, Trump described the agreement as complete and congratulated all parties involved, expressing hope that the deal would pave the way for greater regional stability.
Further details regarding the terms of the proposed agreement and its implementation are awaited.
