Washington, June 23 -- - US President Donald Trump said on Tuesday that a record 19 million barrels of oil had been released through the Strait of Hormuz on June 22, bringing prices down.
"19 Millions Barrels of Oil flowed out of the Hormuz Strait yesterday, an all time RECORD. Oil prices are tumbling down, and the World is a much safer place!!!" Trump wrote on Truth Social.
On Monday, Trump claimed that the Strait of Hormuz is completely free for navigation. Last week, Iran and the United States remotely signed the memorandum that provides for an end to the military conflict that began on February 28.
The document also sets timelines for the US to lift its naval blockade of Iranian ports and for Iran to restore shipping in the Strait of...