logo

Trump: Hormuz Strait Will 'Quickly Resume Passage'

By: theblockbeats.news|2026/04/11 09:02:06
0
Share
copy

BlockBeats News, April 11th, President Trump of the United States stated that the U.S. will "soon" resume passage through the Strait of Hormuz, but he also acknowledged that the related action "will not be easy" and did not disclose a specific implementation plan.


Trump said that other countries have expressed willingness to assist in safeguarding the security of the strait, but did not clearly specify the participating parties. Earlier reports indicated that discussions within NATO have been held regarding assistance in maintaining the security of this key waterway.


As one of the world's most important energy transportation channels, the Strait of Hormuz handles about 20% of the global oil and liquefied natural gas transportation volume. Since Iran blocked the strait, global energy supply has been severely disrupted, oil prices have fluctuated significantly, and market uncertainty has continued to rise.


Despite the U.S. and Iran having announced a temporary ceasefire, current shipping through the strait remains largely stalled, and the progress of resumption still depends on subsequent security arrangements and geopolitical developments.

-- Price

--

You may also like

Lattice Capital Founder: Crypto VC, Seeing is Believing Because of Faith

"If you believe that this industry will grow 100 times in the future, with less competition and lower valuations, then now is the right time to invest. This is the path we have chosen."

The Pitch Is Set. So Is the Trade: CHZ, SportFi, and the UCL Window That Won't Wait

CHZ is gaining momentum as SportFi narratives accelerate alongside the UEFA Champions League(UCL) and global football cycles. This article explores how CHZ, fan tokens, and the broader SportFi ecosystem are driven by real-world events, market narratives, and capital flows—offering insights into why SportFi is emerging as one of the most dynamic sectors in crypto.

Morning Report | SpaceX acquires Cursor for $60 billion; Kalshi and Polymarket launch perpetual contract trading; NeoCognition completes $40 million financing

Overview of Important Market Events on April 22

IMF | The Future of Stablecoins and Payments: Evidence from Financial Markets

IMF deep report reveals the impact of stablecoin regulation: the US "Genius Act" triggers a $300 billion market earthquake for payment giants, with cross-border payments being the hardest hit, and the industry landscape is facing a reconstruction of "disintermediation."

56% Spike in Memecoin Trading Volume, Yet Shiba Inu (SHIB) Remains Static With 0 Netflow

Key Takeaways: Recent memecoin market saw a volume increase of 56%, highlighting a shift in investor interest towards…

American Airlines Praises Ripple, Surprising XRP Community

Key Takeaways: American Airlines reports exceptional results from Ripple Treasury usage. Ripple Treasury aids treasury efficiency without needing…

Contents

Popular coins

Latest Crypto News

Read more