U.S. President Trump Denies Iran's Alleged Mining in Strait of Hormuz

U.S. President Donald Trump stated that he does not believe Iran has mined the Strait of Hormuz, reiterating that the conflict is nearing its end. According to Jin10, the confirmation of the International Energy Agency's emergency release of oil reserves has not calmed the turbulent market. When asked about Iran's alleged mining activities in the Strait of Hormuz, Trump told reporters, "We don't think so." Reuters reported on Wednesday, citing informed sources, that Iran has placed about a dozen mines in the waterway. Trump did not provide a specific timeline for when he believes the conflict will conclude, stating, "We are not finished yet," and emphasizing that the U.S. needs to continue "taking the same actions." Since the outbreak of the conflict, the Strait of Hormuz has been nearly impassable, leading several major oil and gas-producing nations to cut production.