Trump Reportedly Willing To Concede On Reopening The Strait Of Hormuz

Yahoo Finance
2026.03.31 02:21
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President Trump has reportedly indicated a willingness to concede on reopening the Strait of Hormuz, despite previously threatening Iran over its closure. Administration officials believe that attempting to reopen the waterway would extend the conflict beyond Trump's desired timeline of four to six weeks. The closure of the strait, which Iran enforced after U.S. and Israeli attacks, has led to rising oil prices and increased pressure on Trump to conclude military actions sooner.