Trump Shocks Critics After Calling Strait of Hormuz Shutdown the ‘Smartest Move in History’
🔴 Tension RisingInternational Business Times2026-05-11
President Trump declared the Strait of Hormuz shutdown the ‘smartest move in history,’ despite rising oil prices and stalled US-Iran peace talks. He argued that it benefits American energy producers, while the market is experiencing record-high crude prices. The fragile ceasefire remains ‘on life support,’ with the possibility of renewed airstrikes if Iran doesn't agree to a deal on the Strait and its nuclear program.