Us President Donald Trump: Iran's Handling of Oil Through Strait of Hormuz Is Not Agreement We Have

FXStreetApr 9, 2026 11:49 PM

View all comments（0）



US President Donald Trump accused Iran of doing a "very poor job" of handling oil through the Strait of Hormuz and is saying it was "not the agreement we have,” BBC reported late Thursday. Trump further stated that Iran "better not be" charging ships to pass through the key waterway.

Trump said that he expects Iran to comply with terms he says were agreed on for a ceasefire ahead of planned negotiations this weekend, warning that if it doesn't, he'll order large-scale attacks on the country.

Market reaction

At the time of writing, the West Texas Intermediate (WTI) is up 0.31% on the day at $91.95.

Disclaimer: The information provided on this website is for educational and informational purposes only and should not be considered financial or investment advice.

Comments (0)

Click the $ button, enter the symbol, and select to link a stock, ETF, or other ticker.

Commenting Guidelines

Recommended Articles

Trump Reveals U.S.-Iran Deal ‘Basically Reached,’ Oil Prices Plunge Breaking Inflation Expectations, U.S. Stock Futures and Gold Rise Together

TradingKey - Driven by major breaking geopolitical news, global asset classes underwent sharp repricing in pre-market trading today. U.S. President Trump revealed in his latest public remarks that a new comprehensive agreement between the United States and Iran has been "basically reached."

TradingKey Wall Street Weekly Report: Geopolitical Risks Push up Oil Prices; US Stocks Rise Narrowly, Focusing on AI and Defense Sectors

Macroeconomic Landscape: The macroeconomic landscape for the week of May 18-24, 2026, was primarily influenced by persistent geopolitical tensions and evUpcoming Events: The U.S. markets will be closed on Monday, May 25, for Memorial Day. Key economic data releases scheduled for next week include

Japanese Stocks Top 65,000 for First Time. Trump Says Saturday US-Iran Deal Basically Reached

TradingKey - During early Asian trading on May 25, the Nikkei 225 Index surpassed the 65,000 mark for the first time. The index rose 2.8%, consecutively breaking through the key price levels of 64,000 and 65,000 within the day, and reaching an intraday high of 65,170.

Quantum Stock Surge: Why Rigetti (RGTI) and Sector Peer Stocks Are Skyrocketing

TradingKey - There's a trade that's been lighting up the market lately. One of those trades is none other than Rigetti Computing (NASDAQ: RGTI).

AMD Q1 Earnings: Data Center Revenue Surges 57% Driving Results Above Estimates, Shares Rise Over 16% After Hours

TradingKey - On May 5 (ET), Advanced Micro Devices (AMD) released its first-quarter fiscal 2026 financial results after the market close. The company reported revenue of $10.253 billion, up 38% year-over-year, exceeding market expectations of $9.89 billion. Non-GAAP earnings per share (EPS) were $1.

Featured Tools