US President Donald Trump welcomed the reported reopening of the Strait of Hormuz, calling it a “brilliant day for the world” as global shipping and energy markets breathed a sigh of relief after days of tension. The Strait of Hormuz is one of the world’s most critical oil routes, carrying nearly 20% of global crude supply. Its reopening is expected to stabilize shipping traffic, lower pressure on oil prices, and reduce fears of a wider regional crisis.

Trump also used the moment to criticize NATO, saying the United States should rely more on itself and not depend heavily on allies during times of global instability. Markets and governments worldwide are closely watching the ceasefire and shipping activity, as the Hormuz route remains vital for global energy security. .