US President Trump says the Hormuz Strait must be immediately open, no tolls, for unrestricted shipping traffic, all mines will be terminated through detonation, Iran will complete the immediate removal and/or detonation of any mines that are left

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Newsquawk Daily Economic Releases - 1st June 2026

[MARKET UPDATE]: Geopolitical risk on trade seen as Trump posts on Truth Iran will complete the immediate removal and/or detonation of any mines that are left; upside in spot gold, stocks, and Treasuries, with downside in oil and Dollar

US President Trump says the Hormuz Strait must be immediately open, no tolls, for unrestricted shipping traffic, all mines will be terminated through detonation, Iran will complete the immediate removal and/or detonation of any mines that are left

"Iranian Foreign Ministry: Araqchi confirmed that the measures taken by Iran and Oman to manage navigation in the Strait of Hormuz are based on international law.", Al Jazeera reports

IIRGC says 24 ships passed through the Strait of Hormuz in coordination with the Iranian Navy in the past 24 hours, Tasnim reports

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FULL POST:

  • Iran must agree that they will never have a Nuclear Weapon or Bomb. The Hormuz Strait must be immediately open, no tolls, for unrestricted shipping traffic, in both directions. All water mines (bombs), if any, will be terminated (we have removed, through detonation, numerous such mines with our great underwater mine sweepers.
  • Iran will complete the immediate removal and/or detonation of any mines that are left, which will not be many!).
  • Ships caught in the Strait due to our amazing and unprecedented Naval Blockade, which will now be lifted, may start the process of “heading home!” 
  • Say HELLO to your wives, husbands, parents, and families from me, your favorite President! The enriched material, sometimes referred to as “Nuclear Dust,” which is buried deep underground with virtually collapsed mountains, caused by our powerful B2 Bomber attack 11 months ago, sitting on top of it, will be unearthed by the United States (which, it is agreed, is the only Country, along with China, with the mechanical capability of doing so!), in close coordination and conjunction with the Islamic Republic of Iran, plus the International Atomic Energy Agency, and DESTROYED. No money will be exchanged, until further notice. Other items, of far less importance, have been agreed to. I will be meeting now, in the Situation Room, to make a final determination. Thank you for your attention to this matter! President DONALD J. TRUMP

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