US President Trump says will hit Iran harder if it attempts to stop world oil supply, adds Strait of Hormuz will be safe and getting close to finishing it regarding 'excursion'

President Trump's comments suggest a more aggressive stance towards Iran, emphasizing the importance of securing global oil supply routes. His remarks on waiving some oil-related sanctions may alleviate immediate tensions, but the overall message signals a commitment to maintaining stability in the Strait of Hormuz, which is critical for oil markets. This could influence commodities like WTI and Brent, and also affect risk sentiment across equities and the FX space, particularly for the USD.