Oil Prices Plummet After Trump's Iran Announcement

• Oil prices sharply decreased following announcements regarding the Strait of Hormuz and a potential ceasefire.
• President Trump highlighted progress with Iran, while maintaining a firm stance on security.
• Ceasefire between Israel and Lebanon sparks hope for broader Middle East resolution.
• Potential resumption of US-Iran talks is a key factor influencing oil market stability.

Hormuz is Open Folks

Folks, let me tell you, this is huge. The Strait of Hormuz is now "completely open," according to Iran. They said it. Not me. Although, frankly, I probably could have gotten them to say it sooner. It's all about the art of the deal, believe me. Oil prices are down, way down. Some are saying it’s the lowest they’ve seen. We are gonna make America great again.

The Best Ceasefire, Everybody Agrees

This ceasefire with Israel and Lebanon, it's fantastic. The best, really. Netanyahu, a great guy, and Aoun, doing a fantastic job, will be at the White House. First meaningful talks since 1983. Think about that folks. 1983. Incredible! And you know, this reminds me of when I said, "Get the oil, get the oil," and you know what? We're getting it. These developments also remind of India's Export Woes A Bollywood Perspective on Global Turmoil but instead it is for oil and geopolitics and its impact to global trade.

Full Force Blockade: Tremendous

Now, don't get me wrong, we are staying strong, VERY strong. The U.S. naval blockade of Iran's ports remains in "FULL FORCE". We need a deal, a great deal, the best deal. And we are going to get it. They will thank me for it, you'll see.

Taking Care of Business (and Hezbollah)

Lebanon needs to "take care of Hezbollah". It's very important, we need a strong Lebanon, a stable Lebanon. We need them to handle their business, believe me. They have to do it, it's a must.

Peace Talks: Wide Apart But Getting Closer

Of course, there are risks. ING is talking about the 'key upside risk' being peace talks breaking down. But, folks, we're making progress. Our demands are wide apart, sure, but we're working on it. It’s a process, a beautiful process.

Millions of Barrels, All the Best Barrels

They're saying about 13 million barrels per day of supply have been disrupted. That's a lot. The best barrels, I will tell you. But we are on top of it. We will reroute, we will adjust. We will win. Because that's what I do. I win.