Record-Breaking: 19 Million Barrels of Oil Passed Through the Strait of Hormuz

US President Donald Trump made significant statements about the Strait of Hormuz. Trump stated that 19 million barrels of oil flowed through the strait yesterday, calling it 'a record'. He emphasized that keeping the Strait of Hormuz open contributes to the decrease in oil prices and makes the world a safer place. We continue to closely follow developments in US policy towards Iran. The drop in oil prices is seen as an important development for the global economy.