Trump Claims Iran in “State of Collapse,” Demands Immediate Opening of Hormuz
US President Donald Trump said Iran has just informed Washington that it is in a “state of collapse” and demanded the Strait of Hormuz be opened “as soon as possible” as Tehran attempts to resolve its leadership issues. Trump made the statement in a post on Truth Social on Tuesday (April 28), without explaining how the message was delivered or who sent it to Iran.
Trump's statement comes amid a two-month diplomatic standoff that has shaken global energy supplies, with the Strait of Hormuz a key point of tension. Reuters reports that the US government has shown no signs of accepting Iran's latest proposal, while the status of the negotiation track and the parameters for opening Hormuz remain unclear.
For the market, the focus is on the implications of “who gives concessions first”: opening Hormuz has the potential to ease energy risk premiums and inflationary pressures, while a protracted standoff is likely to maintain oil volatility and maintain uncertainty about the direction of interest rates. Further variables to monitor include official confirmation from Iran, details of the proposals being discussed, and any concrete changes to shipping access in Hormuz. (Arl)*
Source: Newsmaker.id
