Washington, June 23 -- US President Donald Trump emphasised that "respect" from Tehran will be the deciding factor in maintaining peace following the conclusion of the Iran-Israel war, while voicing optimism that the full reopening of the Strait of Hormuz will trigger "an oil gusher".

"As long as they respect us, I don't want to use the word fear because that's an inappropriate word, but as long as they respect us, we're not going to have any trouble," Trump told reporters at his Oval Office on Monday.

The vital shipping lane was effectively shut down by Iran following joint US-Israel strikes on 28 February, a development that caused fuel prices to surge well beyond the immediate region.

Although an interim agreement was reached to hal...