Trump says the Strait of Hormuz is "safe, secure and pristine." Shipping companies aren't convinced.

Trump portrays Hormuz as safe, secure and pristine, while major shipping firms describe transiting the Strait of Hormuz as still very risky until more details emerge from a U.S.-Iran deal. A memorandum of understanding is expected to be signed Friday in Switzerland to formally lift traffic restrictions, even as the Joint Maritime Information Center notes the blockade remains in effect pending ceasefire implementation. Historically, about a fifth of the world’s oil and gas flowed through Hormuz, a figure sharply affected by Iran’s attacks and responses that reduced traffic and spiked energy prices.