Trump: Hormuz Strait Will 'Quickly Resume Passage'
BlockBeats News, April 11th, President Trump of the United States stated that the U.S. will "soon" resume passage through the Strait of Hormuz, but he also acknowledged that the related action "will not be easy" and did not disclose a specific implementation plan.
Trump said that other countries have expressed willingness to assist in safeguarding the security of the strait, but did not clearly specify the participating parties. Earlier reports indicated that discussions within NATO have been held regarding assistance in maintaining the security of this key waterway.
As one of the world's most important energy transportation channels, the Strait of Hormuz handles about 20% of the global oil and liquefied natural gas transportation volume. Since Iran blocked the strait, global energy supply has been severely disrupted, oil prices have fluctuated significantly, and market uncertainty has continued to rise.
Despite the U.S. and Iran having announced a temporary ceasefire, current shipping through the strait remains largely stalled, and the progress of resumption still depends on subsequent security arrangements and geopolitical developments.
You may also like

Morning News | The draft amendment to the People's Bank of China Law aims to clarify the legal status of digital renminbi; South Korea will transfer about 40 unregistered virtual asset service providers to law enforcement agencies

The cryptocurrency industry has entered the "Show Me" era: merely relying on vision is no longer enough

Interpreting the Ethereum Foundation's new structure: Reaffirming self-sovereignty amid institutional trends

Former SpaceX engineer reconstructs the financial execution system using first principles

Tidal Investment: We still have a positive outlook on the AI industry chain, but the reasons have changed

Standard Chartered Bank sings a 50x rhapsody again, aiming for AAVE to reach 3500 USD

The interim executive director of the Ethereum Foundation speaks out: What is our mission?

Why does OKX want to start a new company with the parent company of the New York Stock Exchange?

Why Is PAXG Price Different From Gold? 5 Reasons Crypto Traders Should Know

WEEX OpenAPI 101: 5 Powerful Modules, AI Trading Tools, and Grab Up to 70% Revenue Opportunities
Learn how WEEX OpenAPI connects traders, developers, AI agents, and trading platforms. Discover WEEX API features, Binance-compatible integration, automated trading workflows, revenue opportunities, and ecosystem possibilities.

Interview with NDV Founder Jason Huang: Popping the AI Bubble and the Myth of Microstrategy, Seeking the Ultimate Ace in the Crypto Market

Morning Report | Former Ethereum Foundation researcher establishes Ethlabs; EU Parliament Economic Committee passes digital euro regulatory proposal

Dragonfly partner Haseeb: The fastest-growing companies in the future may all be stuck at 149 people

How xBubble Breaks the Deadlock in VC's Heavy Investment in the OPC Economy

The encrypted unicorn Blockstream is deeply embroiled in a serious fraud case

Morning Report | The South Korean Financial Services Commission plans to expand the regulatory sandbox to include virtual assets; the parent company of the New York Stock Exchange, ICE, has reached a partnership with OKX to jointly establish a cryptocu...

Exclusive Interview with Strategy CEO: Putting Aside the Sale of 32 BTC, the 60 Trillion AI Intelligence is the Ultimate Fate of Bitcoin

