Bloomberg

Trump Says Iran Violated Ceasefire With Hormuz Drone Attack

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⏎ Words Summary from News
US President Donald Trump accused Iran of violating their ceasefire agreement by firing at cargo ships transiting the Strait of Hormuz. In a social media post Friday, Trump said “at least four” one-way attack drones targeted ships in the waterway and one of them “solidly hit the upper deck of a large and very expensive” cargo ship. The vessel was “able to proceed,” Trump said, adding that the other three drones were downed. “Obviously, this is a foolish violation of our Ceasefire Agreement,” the president posted, without saying whether the US would retaliate. The incident stands as one of the biggest tests yet of the fragile truce with Tehran that Trump signed last week. Read more: Ship Struck in Hormuz as Oil Supertankers Turn Back Again </p><p class="summary-lead">Oil briefly trimmed some losses after Trump’s post. Prices plunged 4% with US crude trading below $70 as Saudi Arabia ramps up oil exports. The Singapore-flagged container ship Ever Lovely sustained damage to its bridge when it was struck on its side while sailing along a recommended route, its Taiwanese operator Evergreen Marine Corp. Earlier: Oman Tells Allies Ships Going Through Hormuz May Have to Pay</p><p class="summary-lead">Oman has told European officials it’s not possible to return to the status quo from before Trump and Israel went to war with Iran in late February, and that transiting ships may have to be charged some fees, according to people familiar with the matter. Trump and US Secretary of State Marco Rubio have said such a system would be unacceptable.
Key Takeaways
  1. In a social media post Friday, Trump said “at least four” one-way attack drones targeted ships in the waterway and one of them “solidly hit the upper deck of a large and very expensive” cargo ship.
  2. The vessel was “able to proceed,” Trump said, adding that the other three drones were downed.
  3. The Singapore-flagged container ship Ever Lovely sustained damage to its bridge when it was struck on its side while sailing along a recommended route, its Taiwanese operator Evergreen Marine Corp.
  4. Earlier: Oman Tells Allies Ships Going Through Hormuz May Have to PayOman has told European officials it’s not possible to return to the status quo from before Trump and Israel went to war with Iran in late February, and that transiting ships may have to be charged some fees, according to people familiar with the matter.
  5. Trump and US Secretary of State Marco Rubio have said such a system would be unacceptable.
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