Negotiations have been ongoing for some time between the United States and Iran over control of the waterway, which is so important for global oil trade. The Strait of Hormuz is one of the most important points in the peace talks regarding the Iran war.
Trump's statement comes shortly after the spokesman for Iran's Foreign Ministry, Esmaeil Baqaei, said on Monday that Iran and Oman had reached an agreement to allow ships to sail through the strait - and that the parties are working on the final details.
