Trump: Nobody Will Control Hormuz, But US to Watch Over It (Q&A)

0 May 27, 2026 17:32

President Donald Trump said that no one nation would control the Strait of Hormuz, pushing back on Iranian demands to manage the vital energy waterway. “Nobody’s going to control it. It’s international waters,” Trump said Wednesday at the White House. “The strait’s going to be open to everybody” and the US will “watch over it.”

Trump was asked during a meeting of his Cabinet officials if he was comfortable with a short-term deal that would open the strait but under Iranian control. He didn’t indicate what steps the US would take to ensure free passage of vessels through the waterway, which has been closed since the start of the war. Iran has maintained a blockade of the strait and commercial shippers have been hesitant to attempt transit.

Trump’s comments cast doubt on prospects for an immediate breakthrough between the US and Iran, with markets optimistic for a deal after both sides reported progress in recent days. The status of the strait is a key sticking point. Oil remained lower on the day as traders stayed optimistic that a deal was in sight, even amid conflicting statements from the two sides.
——–
Watch Bloomberg Radio LIVE on YouTube
Weekdays 7am-6pm ET
Saturday & Sunday 7am-10am ET
WATCH HERE: http://bit.ly/3vTiACF

Subscribe to our Podcasts:

Bloomberg Daybreak: http://bit.ly/3DWYoAN
Bloomberg Surveillance: http://bit.ly/3OPtReI
Bloomberg Intelligence: http://bit.ly/3YrBfOi
Balance of Power: http://bit.ly/3OO8eLC
Bloomberg Businessweek: http://bit.ly/3IPl60i

Listen on Apple CarPlay and Android Auto with the Bloomberg Business app:
Apple CarPlay: https://apple.co/486mghI
Android Auto: https://bit.ly/49benZy

Visit our YouTube channels:
Bloomberg Podcasts: https://www.youtube.com/bloombergpodcasts
Bloomberg Television: https://www.youtube.com/@markets
Bloomberg Originals: https://www.youtube.com/bloomberg
Quicktake: https://www.youtube.com/@BloombergQuicktake

Tags: Bloomberg, Bloomberg Finance, Bloomberg Makets, Bloomberg Media, Bloomberg Stocks Markets, Bloomberg Television, Bloomberg Television News Videos, Bloomberg TV, Bloomberg Videos, Breaking News, Breaking World News, Business News, International News, Latest National News, Latest News and Videos, Latest World News, World News