Trump just confirmed the Strait of Hormuz remains open and the U.S. is pulling millions of barrels weekly through it. Also made clear—no plans to extend the Iran MOU.

This matters for oil supply stability and geopolitical risk pricing. If tensions escalate or the strait gets disrupted, crude spikes fast. For now, flow continues, but the Iran stance keeps uncertainty alive.

Watch energy stocks and crude futures. Any headline shift here moves markets immediately.