President Donald Trump on Friday said the US can open the Strait of Hormuz with a little more time, as pressure mounts for his administration to find a quick resolution to a war against Iran.
“With a little more time, we can easily OPEN THE HORMUZ STRAIT, TAKE THE OIL,& MAKE A FORTUNE,” he said in a post on Truth Social.
Nearly five weeks after it started with a joint US-Israeli aerial assault, the war in Iran continues to spread chaos across the region and roil financial markets, raising the pressure on Trump to find a quick resolution to the conflict.
Iran has effectively shut down the Strait of Hormuz, a key waterway that carries about a fifth of the world’s total oil consumption, in retaliation for US-Israeli strikes that began in late February.
WATCH: Donald Trump addresses nation
WATCH: Donald Trump addresses nation
Reopening it has become a priority for governments around the world as energy prices soar.