US can take Strait of Hormuz ‘with more time’, says Trump
US President Donald Trump speaks in the White House on Wednesday.
Photo: via TNS President Donald Trump on Friday said the US can open the Strait of Hormuz with a little more time, as pressure mounts for his administration to find a quick resolution to a war against Iran. “With a little more time, we can easily OPEN THE HORMUZ STRAIT, TAKE THE OIL,& MAKE A FORTUNE,” he said in a post on Truth Social.
Nearly five weeks after it started with a joint US-Israeli aerial assault, the war in Iran continues to spread chaos across the region and roil financial markets, raising the pressure on Trump to find a quick resolution to the conflict.
Iran has effectively shut down the Strait of Hormuz, a key waterway that carries about a fifth of the world’s total oil consumption, in retaliation for US-Israeli strikes that began in late February.
Reopening it has become a priority for governments around the world as energy prices soar.
In a speech on Wednesday night, Trump repeated his threats against Iran’s civilian power plants and gave no clear timeline for ending hostilities, drawing vows of retaliation from Iran and depressing share prices.
Meanwhile, Abu Dhabi suspended operations at the United Arab Emirates’ largest natural gas processing facility following an attack that sparked a fire, hours after strikes hit key energy infrastructure in Kuwait.
The Habshan gas facility stopped after authorities intercepted the incoming attack and falling debris caused the fire, the Abu Dhabi Media Office said in a post on X.
Amir Hossein, an Iranian child injured in a strike on Tehran, is treated at Mofid Children’s Hospital on March 28.
Photo: via Reuters At the site, the state-owned Abu Dhabi National Oil Company operates the UAE’s main facility for collecting and processing gas from the emirate’s fields and distributing it for domestic use.
Iran has continued to target energy infrastructure across the region a month into the war.
Its strikes have crippled refineries, petrochemical and liquefied natural gas facilities, and forced some of the world’s biggest oil producers to slash production.
Oil prices have jumped by about 50 per cent to nearly US$110 a barrel.
The UAE has sought to maintain part of its crude exports through a pipeline running from Habshan to the emirate of Fujairah, bypassing the Strait of Hormuz.
Iran warned on Friday that it would strike energy infrastructure and other assets like bridges in the Gulf countries if its facilities o
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