Baghdad: US President Donald Trump announced that the Strait of Hormuz may reopen today or tomorrow, Thursday.

According to National Iraqi News Agency, Trump's statement comes amid ongoing discussions regarding the strategic waterway, which is crucial for global oil shipments. The strait, a vital passage connecting the Persian Gulf with the Gulf of Oman and the Arabian Sea, has been a focal point of international maritime discussions due to its significance in global trade and energy supply.

The potential reopening of the Strait of Hormuz is expected to ease tensions and could have a significant impact on global oil markets. The situation in the region has been closely monitored by industry analysts and governments worldwide, given the strait's role in the transportation of a large percentage of the world's oil supply.