Trump Hails Military as 'Oil Is Flowing Like Never Before'—Data Shows 10% of Global Refining Capacity Is

President Donald Trump declared that "Oil is flowing like never before" due to United States military efforts keeping the Strait of Hormuz open.

Data reveals that a severe global refining shortage has left approximately 10% of global refining capacity offline.

A 'FULL Blockade' and Gulf Deals Trump took to Truth Social on Tuesday to praise military leadership, including Secretary of War Pete Hegseth and Chairman of the Joint Chiefs of Staff Dan Caine, for securing maritime routes.

Trump announced that the Strait of Hormuz is open to all vessels except those associated with Iran, citing the nation's "lying, violent, malicious leadership." To counter Iran, Trump ordered a "FULL Blockade" explicitly targeting ships arriving at or departing from Iranian ports, as well as those carrying Iranian cargo.

Additionally, Trump stated he is replacing a 20% United States Reimbursement Fee with major "Trade and Investment Deals" from Gulf States.