The Republican stated that the region is closed because that way the US can reach an agreement
The President of the United States, (Republican Party), stated in a publication on X this Tuesday (21.Apr.2026) that Iran is interested in keeping the Strait of Hormuz open. Around 20% of the oil consumed in the world circulates through the region.
According to Trump, the Persian country wants to raise around “US$500 million per day” According to him, the US must close the passage to force a negotiation.
Trump stated that without this strategy, “there will never be a deal with Iran”. In the same publication, the Republican raised the tone by stating that, in the absence of negotiation, the US would only reach an agreement if “blow up the rest of the country, including its leaders.”
At 10:48 pm, Brent at US$98.37.
PROLONGED Ceasefire
The ceasefire between the United States and Iran would last until Wednesday (April 21) and Trump even said this Tuesday (April 21) that he would not extend the truce. Hours later, however, the tone changed. He said he will extend the ceasefire with Iran until negotiations to end the conflict are concluded. The Republican, however, stated that until then he will maintain the blockade in the Strait of Hormuz.
