White House Says Oil Tankers Resume Transit Through Hormuz as Conflict Continues

Administration signals optimism on short-term resolution while monitoring global energy supply shifts

By yourNEWS Media Newsroom

Oil tankers have begun moving again through the Strait of Hormuz, with U.S. officials indicating that disruptions caused by Iran have not significantly impacted the domestic economy.

White House economic adviser Kevin Hassett said Tuesday that vessel traffic is gradually resuming through the critical shipping route, describing early movement as limited but increasing.

“Already you’re seeing tankers are starting to dribble through the straits, and I think it’s a sign of how little Iran has left,” Hassett said during an appearance on CNBC.

The Strait of Hormuz is a key corridor for global oil shipments, particularly exports from the Middle East to international markets. Iranian threats to restrict passage had raised concerns about supply disruptions and energy price volatility.

Hassett said the administration remains confident that the conflict will be resolved in a relatively short timeframe.

“We’re very optimistic that this is going to be over in the short run, and then there will be price repercussions when it is over for a few weeks, as the ships make it to the refineries,” he said.

He acknowledged potential adjustments in global supply chains, noting that Asian markets may reduce exports of refined petroleum products to the United States as they prioritize domestic energy needs.

“We’re seeing some signs that they might be pulling that back to make sure that they have enough energy for themselves. And we’ve got a plan for that,” Hassett said.

The developments come as President Donald Trump shifts focus toward the conflict. On Monday, Trump postponed a scheduled meeting with Chinese President Xi Jinping to concentrate on the situation involving Iran.

Hassett suggested that U.S. actions in the region align with broader global interests, including those of China.

“This is one case where the objectives of both countries are aligned, that we want, you know, a stable world oil market,” he said.

“When this war is over, which will be sometime soon, I’m sure they’ll get together and have a lot to talk about, and hopefully when the Chinese will express some gratitude.”

The administration has continued to monitor shipping activity and global energy flows as tensions persist in the region, with officials indicating contingency measures are in place to address potential supply disruptions.