And here's more good news from the commander-in-chief himself: On Wednesday evening, Trump told reporters the Strait of Hormuz — the narrow channel between the Persian Gulf and the Gulf of Oman, where about a fifth of the world’s oil supply flows through — was in good shape despite being closed since the conflict’s beginning earlier this month. “The straits are in great shape,” Trump said. “We’ve knocked out all of their boats. They have some missiles, but not very many. I think we’re in very good … we’re in very good shape.” https://thehill.com/homenews/administration/5780543-us-oil-prices-trump/