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World08:19 · Jun 11

Trump Reveals Secret Operation: More Than 200 Ships Passed Through the Strait of Hormuz Without Iran Knowing

N12Center
Translated & summarized from N12 by baba
The story · English

Trump revealed that the U.S. military secretly secured ship passage through the Strait of Hormuz over the past month. American officials say tanker traffic in the Gulf continues to rise despite the fighting with Iran. Any disruption in the strait affects oil and fuel prices around the world.

More than 100 million barrels of oil and more than 200 commercial ships passed through the Strait of Hormuz over the past month under American protection, U.S. President Donald Trump revealed on Wednesday evening. According to him, it was a secret operation carried out by the U.S. military to ensure freedom of navigation in the area. Trump claimed that Washington “controls the Strait of Hormuz, not Iran.”

Before the secret operation was disclosed, U.S. Energy Secretary Chris Wright referred to the situation on the sensitive shipping route and said ship traffic and oil exports in the Gulf and the strait were rising “very significantly” compared with the previous two weeks. He also said oil exports through the strait would continue to increase, despite the ongoing fighting between the countries.

The agreement that the United States and Iran were close to signing included a 60-day extension of the ceasefire, reopening the Strait of Hormuz, and allowing Tehran to sell oil freely. According to a senior American official, the main focus of the current move was to achieve immediate calm and stabilize the global energy market, an interest that pushed the Iranian nuclear issue to the margins of the negotiations.

The Strait of Hormuz is considered one of the world’s most important energy routes, with a significant share of global oil traffic passing through it. Against the backdrop of the escalation in the region, markets are closely watching the possibility of disruptions to tanker traffic, a scenario that could lead to another sharp rise in oil prices.

Oil prices have a broad impact on many markets and products, so they are considered a major factor in the global economy. Among other things, higher oil prices translate into more expensive fuel in the United States, where the average price is currently about 40% higher than before the war. In the United States, fuel prices are seen as one of the clearest indicators of the economic situation and directly affect the public and voters.

Read the original at N12
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