June 24, 2026
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0:21Now PlayingU.S. President Donald Trump claimed that 19 million barrels of oil passed through the Strait of Hormuz in a single day, calling it an “all-time record” and citing it as proof that his recent agreement with Iran is helping stabilize global markets.
However, industry data paints a more nuanced picture. According to the International Energy Agency (IEA), roughly 20 million barrels of oil per day moved through the Strait of Hormuz on average in 2025, suggesting that the figure cited by Trump is broadly in line with normal traffic levels rather than a record high.
Trump also argued that oil prices are falling and that the world is becoming safer following the agreement, though analysts continue to assess the broader impact of the deal on energy markets and regional stability.
#Trump #OilMarkets #FactCheck #StraitOfHormuz #EnergyNews
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