Donald Trump says Strait of Hormuz could be jointly controlled by “me and the Ayatollah”

Donald Trump on Monday said the Strait of Hormuz could reopen “very soon” if ongoing talks with Iran succeed, suggesting it might be “jointly controlled” — jokingly adding, “maybe me and the Ayatollah.”

He also said the US would delay planned strikes on Iran’s energy infrastructure for five days following what he described as “productive conversations,” though details of the talks remained unclear and were denied by Iranian sources.

Markets reacted swiftly to the remarks, with oil prices dropping, stocks rallying and the dollar weakening.

The comments come amid escalating tensions in West Asia that have disrupted the Strait of Hormuz — a vital route for global oil and gas shipments — and heightened fears of wider economic fallout.