Capital Cash Digest
  • Business
  • Politics
  • Finance
  • Stocks
  • Investing
  • World News

Capital Cash Digest

  • Business
  • Politics
  • Finance
  • Stocks
  • Investing
  • World News
Politics

Trump says it’s an ‘honor’ to keep Strait of Hormuz open for China and other countries

by admin March 10, 2026
March 10, 2026
Trump says it’s an ‘honor’ to keep Strait of Hormuz open for China and other countries

President Donald Trump said he wants to keep the Strait of Hormuz open, saying it would be an ‘honor’ to do so in an effort to help other nations that rely on the vital Middle East waterway.

Trump was speaking with reporters in Florida on Monday, when he was asked about the global energy choke point, which has been disrupted amid back-and-forth attacks between Iran and Israel and the United States. 

At about 21 miles wide at its narrowest point, the Strait of Hormuz is between Iran and Oman and carries roughly 20 million barrels a day and about one-fifth of global liquefied natural gas, making it a top-value target when conflict in the region erupts.

‘We’re really helping China here and other countries because they get a lot of their energy from the Straits,’ Trump said. ‘We have a good relationship with China. It’s my honor to do it.’

Trump is slated to meet with Chinese leader Xi Jinping later this month. While touting the United States’ new energy partnership with Venezuela, Trump noted that China gets its oil through the strait. 

‘I mean, we’re doing this for the other parts of the world, including countries like China,’ he said. ‘They get a lot of their oil through the straits.’

‘We have a very good relationship with President XI (Jinping) and China,’ he added. ‘I’m going there in a short period of time, and we’re protecting the world from what these lunatics are trying to do, and very successfully I might add.’

The U.S. will also waive all oil-related sanctions on some countries in an effort to reduce energy prices amid the conflict in the Middle East, Trump said.

The Islamic Revolutionary Guard Corps took to Iranian State TV vowing it would ‘not allow [the] export of a single liter of oil.’

Later, Trump reaffirmed his position on the strait in a fiery Truth Social post.

‘If Iran does anything that stops the flow of Oil within the Strait of Hormuz, they will be hit by the United States of America TWENTY TIMES HARDER than they have been hit thus far. Additionally, we will take out easily destroyable targets that will make it virtually impossible for Iran to ever be built back, as a Nation, again — Death, Fire, and Fury will reign upon them — But I hope, and pray, that it does not happen!,’ he wrote.

‘This is a gift from the United States of America to China, and all of those Nations that heavily use the Hormuz Strait. Hopefully, it is a gesture that will be greatly appreciated. Thank you for your attention to this matter!’

This post appeared first on FOX NEWS

0
FacebookTwitterGoogle +Pinterest
previous post
Trump administration alleges Nike discriminated against white workers
next post
Iranian Kurdish fighters say they’re ready to strike Tehran, waiting for opening

You may also like

‘It was time’: Despite rare criticism, some Hill...

March 6, 2026

Hegseth once warned against endless wars. Now he’s...

March 10, 2026

US-sanctioned Mojtaba Khamenei named Iran’s next supreme leader...

March 9, 2026

Trump touts US has ‘tremendous’ amount of Venezuelan...

March 7, 2026

Iran continues firing missiles, drones at neighboring states,...

March 5, 2026

Tech company at odds with Pentagon warns its...

March 7, 2026

Noem thanks Trump for new Shield of the...

March 8, 2026

Iran’s new supreme leader is ‘his father on...

March 10, 2026

GOP senators says Trump’s strikes ‘significantly degraded’ Iran...

March 7, 2026

GOP senators say Trump’s strikes ‘significantly degraded’ Iran...

March 8, 2026

Recent

  • July Strength, Late-Summer Caution: 3 Charts to Watch

    March 10, 2026
  • The Real Drivers of This Market: AI, Semis & Robotics

    March 10, 2026
  • Week Ahead: NIFTY Violates Short-Term Supports; Stays Tentative Devoid Of Any Major Triggers

    March 10, 2026
  • The Best Five Sectors, #28

    March 10, 2026
  • Tech Taps the Brakes, Homebuilders Hit the Gas: See the Rotation on StockCharts Today

    March 10, 2026

    Become a VIP member by signing up for our newsletter. Enjoy exclusive content, early access to sales, and special offers just for you! As a VIP, you'll receive personalized updates, loyalty rewards, and invitations to private events. Elevate your experience and join our exclusive community today!


    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.


    Categories

    • Business (15)
    • Finance (10)
    • Investing (49)
    • Politics (56)
    • Stocks (20)
    • World News (10)
    • Privacy Policy
    • Terms & Conditions

    Copyright © 2024 capitalcashdigest.com | All Rights Reserved