To receive daily emails from Breaking Christian News to your inbox CLICK HERE


SHARE THIS ARTICLE Printer friendly version of this page

President Trump: Strait of Hormuz 'Fully Open', Oil Prices Drop

Elizabeth Troutman Mitchell : Apr 17, 2026  The Daily Signal

After the announcement of the reopening Friday morning, crude oil dropped over 10%, to just over $81 a barrel. Oil had reached its highest on April 6 at $112 per barrel. -The Center Square report

[DailySignal.com] President Donald Trump announced Friday morning that the Strait of Hormuz is open. (Screengrab image: via MSNOW)

"IRAN HAS JUST ANNOUNCED THAT THE STRAIT OF IRAN IS FULLY OPEN AND READY FOR FULL PASSAGE," he wrote on TruthSocial. "THANK YOU!"

A few minutes later, Trump posted that the Strait was "COMPLETELY OPEN AND READY FOR BUSINESS AND FULL PASSAGE."

The Iranian foreign minister, Seyed Abbas Araghchi, confirmed this on X, saying that yesterday's ceasefire between Israel and Lebanon was connected to the strait's reopening.

"In line with the ceasefire in Lebanon," he said, "the passage for all commercial vessels through Strait of Hormuz is declared completely open for the remaining period of ceasefire, on the coordinated route as already announced by Ports and Maritime Organization of the Islamic Rep. of Iran."

Since Monday, the United States had maintained a blockade of ships connected to Iranian commerce. Trump added on Friday that "THE NAVAL BLOCKADE WILL REMAIN IN FULL FORCE AND EFFECT AS IT PERTAINS TO IRAN, ONLY, UNTIL SUCH TIME AS OUR TRANSACTION WITH IRAN IS 100% COMPLETE."

"THIS PROCESS SHOULD GO VERY QUICKLY IN THAT MOST OF THE POINTS ARE ALREADY NEGOTIATED," he wrote.

The Strait of Hormuz is a key waterway for the global oil trade. About 25% of world seaborn oil trade transits the straight, according to the International Energy Agency, with 80% of it destined for Asia. About 19% of the world's liquefied natural gas transits the strait as well.

Bangladesh, India, and Pakistan imported almost two-thirds of their liquefied natural gas supplies via the Strait of Hormuz in 2025, making them particularly vulnerable to Iran's actions.

[After the announcement of the reopening Friday morning, crude oil dropped over 10%, to just over $81 a barrel. Oil had reached its highest on April 6 at $112 per barrel. -The Center Square report]

Trump announced on April 7 that Iran agreed to open the Strait of Hormuz, but the crucial waterway remained heavily disrupted by the conflict. Subscribe for free to Breaking Christian News here

Elizabeth Troutman Mitchell is the White House Correspondent for "The Daily Signal."







SHARE THIS ARTICLE Printer friendly version of this page

To receive daily emails from Breaking Christian News to your inbox CLICK HERE

Other Recent Articles from Breaking Christian News

Researcher Convinced He's Found Noah's Ark Delivers a Message for Critics

Roseanne Barr Is Coming Back With a New Family Series

Security Bite: Apple's Latest Update, iOS 27, Lets Apps Ask Your iPhone If You're Being Scammed

When Death is Dressed as a Cure

Democrat Socialist Policies Would Cost $350K Per Household, Shorten Life Expectancy, Report Finds

Texas County Takes Stand Against Sharia With Unanimous Vote

New California Law Forces Churches to Provide 'Hate Speech' Training

First Atlantic Hurricane of the Season, Isaias Strengthens into Category 3 Storm, Threatens Gulf Coast

Massive 2,000-Year-Old Discovery Brings the World of Jesus to Life

Remembering October 7th: Thousands of Christians Gather in Jerusalem to Fight 'Spiritual Battle'

Pro-Lifers Visit Millions of Homes in Battleground States Ahead of Midterms

If This Is True, CNN Just Dropped Some Huge Nicolás Maduro News

A Satanic Invocation Opens Iowa City Council Meeting

Recent Poll Finds Shocking Support for Sharia Law by America's Youth; Here's What They Don't Understand

FBI Arrests 18-Year-Old Accused of Plotting ISIS Mall of America Attack in Minnesota

Secretary of State Rubio's Brilliant Speech and Warning That Western Decline is a Consequence of the Left's Self-Hatred

1,000 Christian Leaders Gather in Israel to Honor Oct 7 Victims, Stand With Survivors

Christian Believers, Pastors, America Needs Your Biblical Voice

Dr. Malone's Deep Dive into the Russian 'Plague' and What We Should Know

FBI Arrests Washington 'Trans Woman' Accused of Helping Plot the Canadian School Shooting, Even Watching the Livestream as Children Were Shot



Search the Articles Archives

Keyword:  
Author:  
Words Posted On:  
Day Month Year



Subscribe to
Breaking Christian News


Follow BCN on Twitter
Are You Praying for Our Government Leaders?
BCN Staff

Steve Shultz
Steve Shultz, Managing Editor
Founder and Owner


Aimee Herd
Aimee Herd, Editor


BCN Plus
Are You Praying for President Trump?
 
 

All articles on this site and emails from BCN are copyrighted property of Breaking Christian News. Permission is given to link to, or share a BCN story if proper attribution is given to both the original writer and summarizer of the story. Breaking Christian News 2005-2019. All Rights Reserved.


Breaking Christian News is a division of Elijah List Publications, Inc. All Rights Reserved


Disclaimer: Articles and links, as well as the source articles linked to; do not necessarily reflect the opinion of Breaking Christian News.

editor@breakingchristiannews.com