Trump: Hormuz will create "great wealth", and there is a "strong framework" regarding reaching a long-term agreement.

After the US-Iran two-week ceasefire agreement was reached, Trump quickly shifted the strategic narrative from military strikes to economic reconstruction, declaring that the Strait of Hormuz would become a wealth engine and a "golden era" for the Middle East was about to begin. Meanwhile, the public remains highly concerned about the substantive terms behind the ceasefire and the reshaping of the geopolitical landscape.

According to Xinhua News Agency, US President Trump said on the 8th that the US will help resolve the "shipping congestion" of the Strait of Hormuz, stating, "There will be many positive actions and enormous wealth will be created." Trump wrote on social media: "Iran can start the reconstruction process now. We will ship various materials and 'stay there' to ensure everything goes smoothly." He also claimed this would be "the golden era of the Middle East."

This statement is Trump’s strongest economic vision since announcing the ceasefire with Iran.

Meanwhile, Trump said in an interview with AFP that a "strong framework" for a long-term agreement on Iran had been established, and insisted that any peace agreement would cover nuclear material-related issues. He stated that Iran's uranium enrichment issue would be "handled perfectly," and characterized the two-week ceasefire as a "thorough and complete victory" for the US.

These statements signal the White House’s optimistic expectations for US-Iran negotiations, but the details of the agreement remain unclear and the stance on nuclear issues continues to be a key variable. According to Reuters, a source familiar with the negotiations warned that the US is concerned Iran might use this to buy time, and this ceasefire is mostly "an attempt to build mutual trust."

Optimism in the framework, nuclear issues still divided

According to Xinhua News Agency, Trump posted on social media after US market hours on April 7, announcing his agreement to suspend bombing and attack actions against Iran for two weeks.

Iranian Foreign Minister Abbas Araqchi then declared that if attacks on Iran stopped, Tehran would stop its counterattacks and provide safe passage for passing ships.

The Iranian Supreme National Security Council also issued a statement in the early hours of the 8th, announcing its acceptance of Pakistan’s ceasefire proposal. Pakistan played a key role in this mediation, with Army Chief Asim Munir and Prime Minister Shehbaz Sharif both participating. Sharif said on social media that he had invited US and Iranian delegations to hold talks in Islamabad on Friday.

In an interview with AFP, Trump described the ceasefire as a "thorough and complete victory" for the US, stating "No doubt, one hundred percent."

The Iranian Supreme National Security Council described the agreement as a victory for Iran, claiming Trump accepted Iran’s proposed ceasefire conditions—there are clear differences in how both sides characterize the nature of the agreement.

On the nuclear issue, Trump refused to disclose whether he would restart previous threats—such as destroying Iranian civilian power plants and bridges—if the agreement breaks down. He insisted any peace agreement must cover nuclear material-related issues, but did not specify detailed terms.

According to Xinhua, Iranian media reported that the Iranian side has submitted ten ceasefire clauses to the US side, including explicit acceptance of Iran’s uranium enrichment activities. This differs significantly from Trump’s stance on nuclear material issues.

Hormuz Toll Plan Emerges

According to CCTV News quoting anonymous regional officials, a key term of the ceasefire agreement involves imposing transit tolls on ships passing through the Strait of Hormuz, jointly managed by Iran and Oman. The exact use of funds received by Oman remains unclear.

The Strait of Hormuz is at the exit of the Persian Gulf, and has always been regarded by the international community as an international waterway, with no tolls previously charged to transiting vessels.

If this clause is implemented, it will directly impact global oil tanker operators, energy traders, and related insurance markets, and could spark widespread legal and diplomatic controversy.

For now, however, prospects for reopening the Strait of Hormuz have major positive implications for the global energy market.

Reuters, citing data analysis agency Kpler, reported that currently about 130 million barrels of crude oil and 46 million barrels of refined oil are stranded on some 200 oil tankers in the region, cargoes trapped in the Persian Gulf since hostilities began. The ceasefire and reopening of the strait will allow Middle Eastern exporters to ship large amounts of backlog oil and gas resources to international markets.

Ceasefire Sustainability in Doubt

Implementing the ceasefire agreement has not eliminated all uncertainties.

On the operational front, Reuters reports that more than an hour after the ceasefire was announced, the Israeli military still detected missile launches from Iran, with interception explosions heard over Tel Aviv.

The Israeli Prime Minister’s office made it clear that the ceasefire does not apply to the Lebanese front, contradicting Pakistani Prime Minister Sharif’s earlier claim that the agreement covers a Lebanon ceasefire. The Iraqi Islamic Resistance stated it would suspend actions in Iraq and the region for two weeks.

As US midterm election campaigns intensify, Trump’s approval rating has fallen to a historic low, putting his Republican Party at risk of losing its slim majority in Congress. Polls show a significant number of Americans oppose war and are frustrated by rising gas prices.

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