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International geopolitical dispute

Iran Rejects Trump's Strait_of_Hormuz Claims

Analysis based on 6 articles · First reported May 23, 2026 · Last updated May 24, 2026

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The ongoing dispute over the Strait of Hormuz creates uncertainty in global oil markets and shipping, potentially leading to increased volatility in oil prices and shipping costs. Iran's assertion of control over the vital waterway could disrupt trade flows, impacting companies reliant on this route.

Oil & Gas Shipping International Trade

Iran has rejected claims by former US President Donald Trump that a proposed agreement would return the Strait of Hormuz to its previous status, asserting that Tehran will maintain exclusive control over the strategic waterway. According to Iran's semi-official Iran — Fars News Agency, Iran has only agreed to allow the number of passing ships to return to pre-war levels, explicitly stating this does not mean a return to 'free passage.' The agency also reported that Iran has made no commitment regarding its nuclear program, despite Donald Trump's previous declarations that it was an indispensable condition for any agreement. Donald Trump had announced that a deal had been 'largely negotiated' with Iran and several other countries, including Saudi Arabia, The_United Arab Emirates, Qatar, Pakistan, Turkey, Egypt, Jordan, Bahrain, and Israel, concerning peace and stability in the Gulf region and the opening of the Strait of Hormuz. However, Iran — Fars News Agency indicated that American officials privately acknowledged Donald Trump's public statements were primarily for domestic consumption and advised Iran to disregard them.

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Ali Al-Thawadi, as a Minister of Qatar, was mentioned by Donald Trump as being involved in discussions regarding peace and stability in the Gulf region.
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