Trump Advocates for Open Access to Strait of Hormuz Amid Rising U.S. Gas Prices

U.S. President Donald Trump has stated that no single nation should have control over the Strait of Hormuz, emphasizing its status as international waters that should remain accessible to all. According to NS3.AI, the recent shutdown of the strait has contributed to a 49% increase in U.S. gas prices, now averaging $4.46 per gallon. The Strait of Hormuz, a critical passageway for global oil supply, has been operating at a near standstill since February 28, affecting approximately one-fifth of the world's oil transportation.