U.S. President Donald Trump announced on Thursday that **Iran permitted 10 oil tankers to transit the strategic Strait of Hormuz — describing the move as a “present” to Washington in the context of ongoing efforts to negotiate an end to the war involving Iran. The passage of these tankers, said to be flying Pakistan’s flag, was offered by Tehran as a gesture of goodwill intended to signal seriousness about potential diplomatic engagement.
Trump made the comments during a Cabinet meeting, framing the development as the clearest sign yet that Iran might be willing to cooperate in negotiations. While specific details about the vessels and their cargo were not disclosed by the White House, the president’s remarks followed days of speculation over what he had previously described cryptically as an “expensive, energy‑related present” from Iran.
The Strait of Hormuz is one of the world’s most vital oil transit routes, with roughly 20 percent of global petroleum passing through it under normal conditions. The waterway has been at the center of a geopolitical crisis since the outbreak of the 2026 Iran war, which has caused disruptions and led to temporary closures as Iran asserted control amid hostilities.
Despite the diplomatic overture, the broader conflict remains unresolved, and Tehran has publicly rejected U.S. peace proposals even while allowing select shipping movements. Meanwhile, oil markets continue to react to developments in the region, with prices experiencing volatility as tensions and transport disruptions persist.