share_log

Trump: The Hormuz region will create 'immense wealth,' and a 'strong framework' for reaching a long-term agreement is already in place.

wallstreetcn ·  Apr 8 14:34

Divergences in positions on the nuclear issue remain a key variable. Trump's side stated that a "strong framework" for reaching a long-term agreement on the Iran issue is already in place, and he insisted that any peace agreement would cover issues related to nuclear materials. Trump refrained from disclosing whether he would reinstate previous threats if the agreement were to collapse. Meanwhile, Iran indicated that it has submitted ten ceasefire clauses to the U.S., explicitly including acceptance of Iran’s uranium enrichment activities. This still shows a clear divergence from Trump’s emphasis on the nuclear material issue.

Following the two-week ceasefire agreement between the United States and Iran, Trump swiftly shifted the strategic narrative from military strikes to economic reconstruction, proclaiming that the Strait of Hormuz would become a wealth engine and that the "Golden Age" of the Middle East was about to begin. Meanwhile, the international community remains highly attentive to the substantive terms behind the ceasefire and the reshaping of the geopolitical landscape.

According to reports from Xinhua News Agency, U.S. President Trump stated on the 8th that the United States would assist in addressing the issue of "shipping congestion" in the Strait of Hormuz, noting that "there will be many positive actions, and tremendous wealth will be created." Trump wrote on social media: "Iran can now begin its reconstruction process. We will ship various supplies and 'stay there' to ensure everything proceeds smoothly." Trump also claimed this would mark the "Golden Age" of the Middle East.

This statement represents the strongest articulation of an economic vision by Trump since announcing the ceasefire with Iran.

Meanwhile, during an interview with AFP, Trump claimed that a "strong framework" for a long-term agreement on Iran had been established, asserting that any peace deal would encompass issues related to nuclear materials. He stated that Iran's uranium enrichment issue would be "perfectly resolved" and characterized the two-week ceasefire as a "complete and total victory" for the United States.

The above statements signal optimism from the White House regarding U.S.-Iran negotiations; however, the details of the agreement remain unclear, and differences over the nuclear issue remain a key variable. According to Reuters, a source familiar with the negotiations warned that the U.S. is concerned Iran may use this opportunity to buy time, suggesting that the ceasefire is more of an "attempt to build trust."

Optimistic framework, but disagreements over the nuclear issue persist.

According to Xinhua News Agency, Trump posted on social media after market close on April 7 Eastern Time, announcing an agreement to suspend bombing and attack operations against Iran for a period of two weeks.

Iranian Foreign Minister Abbas Araqchi subsequently stated that if attacks on Iran cease, Tehran will halt counterattacks and provide safe passage for passing vessels.

Iran's Supreme National Security Council also issued a statement early on the 8th, announcing acceptance of the ceasefire proposal put forward by Pakistan. Pakistan played a key role in this mediation, with Army Chief Asim Munir and Prime Minister Shehbaz Sharif both participating in the negotiations. Sharif noted on social media that he had invited delegations from Iran and the U.S. to hold talks in Islamabad on Friday.

Trump, during an interview with AFP, characterized the ceasefire as a "complete and total victory" for the U.S., stating, "No doubt, one hundred percent."

Iran's Supreme National Security Council described the agreement as a victory for its side, claiming that Trump accepted Iran’s proposed ceasefire conditions—indicating a clear divergence in how both parties characterized the nature of the agreement.

On the nuclear issue, Trump declined to disclose whether he would resume previous threats—such as destroying Iran’s civilian power plants and bridges—if the agreement collapses. He insisted that any peace agreement must include provisions related to nuclear materials but did not elaborate on specific terms.

According to Xinhua News Agency, Iranian media reported that Iran had submitted ten ceasefire clauses to the U.S., explicitly including acceptance of Iran’s uranium enrichment activities. This remains notably distinct from Trump’s emphasis on the nuclear materials issue.

The Hormuz toll plan comes to light.

According to CCTV News citing an anonymous regional official, a key clause of the ceasefire agreement involves imposing transit fees on vessels passing through the Strait of Hormuz, jointly led by Iran and Oman. The intended use of Oman’s share of the funds remains unclear at present.

The Strait of Hormuz, located at the outlet of the Persian Gulf, has historically been regarded by the international community as an international waterway and has never imposed transit fees on passing vessels.

If this clause is implemented, it will have a direct cost impact on global tanker operators, energy traders, and related insurance markets, and may provoke widespread controversy at legal and diplomatic levels.

However, for now, the prospect of reopening the Strait of Hormuz holds significant positive implications for the global energy market.

According to Reuters citing data from analytics firm Kpler, approximately 130 million barrels of crude oil and 46 million barrels of refined products are currently stranded on about 200 tankers in the region, having been trapped in the Persian Gulf since the outbreak of hostilities. A ceasefire and the reopening of the strait will allow Middle Eastern exporters to transport large quantities of backlogged oil and gas resources to international markets.

The sustainability of the ceasefire remains in doubt.

The implementation of the ceasefire agreement has not eliminated all uncertainties.

At the operational level, according to Reuters, more than an hour after the ceasefire was announced, the Israeli military still reported detecting missile launches from Iran, with interception explosions audible over Tel Aviv.

The office of the Israeli Prime Minister explicitly stated that the ceasefire does not apply to the Lebanese front, contradicting Pakistani Prime Minister Sharif’s earlier statement that the agreement included a ceasefire in Lebanon. The Iraqi Islamic Resistance Organization indicated that it would suspend operations in Iraq and across the region for two weeks.

As campaigning for the U.S. midterm elections intensifies, Trump’s approval ratings have dropped to a historic low, putting his Republican Party at risk of losing its slim majority in Congress. Polls indicate that a significant portion of Americans oppose the war and are frustrated by rising gasoline prices.

Editor/KOKO

The translation is provided by third-party software.


The above content is for informational or educational purposes only and does not constitute any investment advice related to EleBank. Although we strive to ensure the truthfulness, accuracy, and originality of all such content, we cannot guarantee it.