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Xi very happy over Strait of Hormuz reopening, says Trump; claims waiver on Russian oil sales amid market turmoil

The Jazzbaat News Desk
Apr 18, 2026 05:30 PM
The Jazzbaat News Desk
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13 hours ago Apr 18, 2026 05:30 PM

US President Donald Trump has claimed that Chinese President Xi Jinping is “very happy” about the reopening of the Strait of Hormuz and also said that he has extended a waiver allowing the sale of sanctioned Russian oil, as global energy markets continue to face volatility.


In a post shared on his social media platform, Trump made a series of remarks linking international energy flows, geopolitical tensions, and market stability. He suggested that recent developments in the Strait of Hormuz one of the world’s most critical oil shipping routes have been welcomed by global leaders, including Xi Jinping, due to their impact on energy supply chains.


“President Xi is very happy about the reopening of the Strait of Hormuz,” Trump was quoted as saying in the post, without providing further details or evidence of direct communication between the two leaders.


The Strait of Hormuz, a narrow but strategically vital waterway connecting the Persian Gulf with the Gulf of Oman, plays a key role in global oil transportation. Any disruption in the region has historically led to concerns over fuel prices and supply stability in international markets.


Trump also claimed that he has extended a waiver permitting the sale of sanctioned Russian oil, a move he said was necessary to stabilise energy markets during ongoing global uncertainty. According to his statement, the decision was aimed at preventing sharp spikes in oil prices and ensuring continued supply flows to global buyers.


The remarks come amid heightened sensitivity in global energy markets, where fluctuations in supply routes and geopolitical tensions have raised concerns among investors and importing nations. Analysts say that any policy shift involving sanctioned energy exports could have wide-ranging implications for global trade and diplomatic relations.


However, Trump did not provide official documentation or detailed policy clarification regarding the waiver extension in his post. There has been no immediate confirmation from US government agencies or international partners regarding any such decision.


Political observers note that Trump frequently uses social media to make major policy-related announcements or claims, often sparking debate and scrutiny from both domestic and international audiences. His latest remarks are expected to draw further attention as global energy security remains a key issue.


At the time of reporting, neither Chinese nor Russian officials have publicly responded to Trump’s statements.


The post has already triggered discussion online, with supporters praising the focus on energy stability, while critics have questioned the accuracy and timing of the claims.

SOURCES: The Jazzbaat News Desk

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