Trump says Strait of Hormuz oil flow 'very good', 30 tankers pass nightly
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U.S. President Donald Trump said the Strait of Hormuz is in 'very good' condition, with about 30 tankers passing nightly with U.S. Navy help. He said oil prices have not risen as predicted because so much oil is flowing. Trump also said Iran will never have a nuclear weapon.
Key Facts
- Trump said about 30 tankers pass through the Strait of Hormuz nightly with U.S. Navy help.
- Trump said oil prices have not risen as predicted because so much oil is flowing through the strait.
- Trump said Iran will never have a nuclear weapon.
- Trump said the decision on whether Venezuela leaves OPEC is up to Venezuela.
Strait of Hormuz Status
Trump described the Strait of Hormuz as 'son derece iyi durumda' (extremely good condition). He said an average of 30 ships pass through the strait each night. Trump credited the U.S. Navy with helping to facilitate the tanker traffic. He said the high volume of oil flowing through the strait explains why oil prices have not risen as predicted.
Iran Nuclear Stance
Trump said Iran will never be allowed to possess a nuclear weapon. He said that if Iran had a nuclear weapon, Israel would not exist today. Trump described Iran as a 'collapsed country' but said that does not mean the U.S. will not 'put them in their place'. He said the U.S. has already largely destroyed Tehran's military capacity.
Venezuela and OPEC
Trump said the decision on whether Venezuela leaves OPEC is up to Venezuela. He said the oil deal with Venezuela is a very important gain for the U.S. Trump said the OPEC process is not related to the U.S.
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