"The Strait of Hormuz will be opened after the war"/ Trump's statement immediately increases the price of oil in the world

2026-04-02 08:54:57 / BOTA ALFA PRESS

"The Strait of Hormuz will be opened after the war"/ Trump's

International markets immediately reacted in opposition to US President Donald Trump's statements, signaling uncertainty about the developments in the conflict.

Asian stock markets, which opened immediately after his speech, saw significant increases in oil prices.

Brent crude rose above $105 a barrel, a jump of more than 4%, while WTI crude reached $103.16 a barrel, gaining about 3%.

In his statement, the US President said that the war would end in 2-3 weeks, while adding that the US does not need the oil coming from Hormuz, saying that the Strait will open immediately after the end of the conflict.



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