Trump questions Iran's mine-laying reports in the Strait of Hormuz, saying the war will end soon

LootboxPhobia · 2026-03-11T23:55:52+00:00

Trump questions reports of Iran laying mines in the Strait of Hormuz, believing the conflict will end soon, and encourages U.S. oil companies to continue using the strait. The U.S. warns civilians to stay away from Iranian naval facilities, and ships have been attacked in the area. The International Energy Agency has decided to release more crude oil to meet market demand.

LootboxPhobia

2026-03-11 23:55:52

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Investing.com - U.S. President Donald Trump expressed skepticism on Wednesday about reports of Iran laying mines in the Strait of Hormuz, while reaffirming his view that the current conflict will end soon.

When asked whether Iran was laying mines in the strait, Trump responded, “We don’t think so.” This contradicts a Reuters report on Wednesday citing sources that said the Islamic Republic had laid about 12 mines in the waterway.

Trump encouraged U.S. oil companies to continue using the Strait of Hormuz. When asked whether American companies should pass through the route, he told reporters, “They should do so.”

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The president did not provide a specific timeline for ending the conflict, saying, “We haven’t finished yet,” and that the U.S. needs to continue “doing more of the same.”

In an earlier interview with Axios, Trump said the war would end soon because Iran “has almost no targets left to attack.” He made similar remarks on Monday, although Defense Secretary P. H. Hegseth later stated there is no timetable for pursuing the complete defeat of the Islamic Republic.

U.S. Central Command warned civilians on social media on Wednesday to “immediately avoid all port facilities operated by the Iranian Navy along the strait.”

The International Energy Agency agreed to release 400 million barrels of crude oil from emergency reserves, exceeding the 182 million barrels released by member countries after Russia’s invasion of Ukraine in 2022. Global oil consumption is slightly above 100 million barrels per day, while Gulf oil producers have so far been forced to cut output by about 6%.

The British Navy reported on Wednesday that three ships in the Strait of Hormuz and the Persian Gulf were suspected of being attacked by projectiles. Oman also reported an attack on a cargo ship flying the Thai flag.

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