President Trump announced unprecedented maritime activity in the Strait of Hormuz following a new diplomatic understanding with Iran. He claimed record oil flow and asserted that oil prices are falling, making the world safer. The US also aims to permanently block Iran's path to nuclear weapons, while regional stability remains a priority. Economic embargoes on Iranian crude have been paused, with Iran permitting UN inspectors' re-entry.

President Donald Trump says a record 19 million barrels passed through Hormuz, helping drive oil prices lower and easing market fears.

The restart of the blockade seems to be "highly unlikely," the US President stated