USA/ Trump Advisor: Tankers begin to flow through the Ormuz Strait

Tankers are starting to flow through the Ormuz Strait, and Iran's attempts to block the way did not harm the American economy," said White home economical Advisor Kevin Hassett today.

– Tankers begin to penetrate the strait
and I think this is simply a sign of how small Iran has left,” Hassett said in an interview with CNBC.

The manager of the National economical Council did not explain,
What kind of ships he spoke of, but in fresh days respective tankers and another vessels were passing through the strait to get approval from the Iranian authorities, including tankers related to China, India and Iranian vessels. On Monday, Finance Minister Scott Bessent said that the US is knowingly allowing Iran to export its oil to reduce the price force on the global market.

In an interview with CNBC Hassett repeated the position of Donald Trump's administration that the war should end in weeks alternatively than months, and after its completion the oil prices will begin to fall.

Hassett admitted that Washington is anxiously observing signals that Asian countries may restrict exports of processed petroleum products to the US, securing their own energy supply. However, he assured that the US administration had a plan for this.

In the context of a relation with Beijing, the manager of the National economical Council assessed that the interests of both powers are convergent due to the fact that both countries are aiming for a unchangeable global oil market. president Donald Trump announced Monday the postponement of the gathering with president Xi Jinping – planned for the end of March – to focus on the situation in Iran. Hassett added that after the end of the war China "will express any gratitude".

The advisor besides reported that the administration is looking for alternate sources of fertilizers in the face of supply disruptions caused by the war – among others.
from Venezuela and Morocco. “We have issued licences for Venezuela to increase fertilizer production. We had talks with Morocco," he said, identifying these activities as an "insurance policy" for American farmers.

Nitrogen fertiliser prices have increased in fresh weeks by more than a 3rd after the cut of supplies from the Gulf region.