Strait of Hormuz
19 million barrels flow through Strait of Hormuz, Trump declares oil prices are falling
US President Donald Trump on Tuesday said that a record 19 million barrels of oil had flowed through the Strait of Hormuz on June 22, adding that the development would help lower oil prices.
In a post on his Truth Social platform, Trump wrote: “19 million barrels of oil flowed out of the Hormuz Strait yesterday, an all-time RECORD.”
Highlighting the impact on global markets, he added: “Oil prices are tumbling down, and the world is a much safer place!!!”
Meanwhile, the International Maritime Organization (IMO) said it will begin implementing an evacuation plan for more than 11,000 seafarers stranded in the Strait of Hormuz, according to a statement issued on Tuesday.
The development follows months of hardship and distress for thousands of seafarers and comes in the wake of a memorandum of understanding between Iran and the United States.
The large-scale evacuation operation will be carried out in cooperation with Iran, Oman, other coastal states, the United States, and the maritime industry.
IMO Secretary-General Arsenio Dominguez said the agency had secured the necessary safety guarantees and verified conditions for safe navigation before launching the operation.
Paying tribute to 14 seafarers who lost their lives during the most recent escalation of the Middle East conflict, Dominguez said the IMO remains fully committed to ensuring the safety of seafarers and the continuity of global trade.
UN spokesperson Stéphane Dujarric said during the daily briefing in New York that the operation represents a significant step toward easing the humanitarian impact on thousands of seafarers who have faced months of uncertainty, restricted movement, and mounting welfare concerns.
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